Trader May Have Netted $20 Million on Fed Policy Bet

Discussion in 'Options' started by SumZero, Feb 5, 2017.

  1. Zzzz1

    Zzzz1

    And it really only caught peoples' attention because it was exchange traded. Things like that are happening frequently enough in the OTC and at a multiple of the notional traded here, to really dampen the excitement of this particular trade.

     
    #11     Feb 6, 2017
  2. Well, $4mm/bp (full terminal belly delta), it's a pretty chunky trade, whether listed or otherwise... However, as you say, it's really nothing to get too excited about.
     
    #12     Feb 6, 2017