US TSY FUTURES: OI Points To Short Setting In Belly & Long Cover In Wings

Feb-19 11:03

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OI data points to a mix of net short setting in the belly/intermediates (FV, TY & UXY) and net long ...

Historical bullets

EURIBOR OPTIONS: Large call condor

Jan-20 10:58

Very active Option market this Morning, in Rates as Well as in Equities. Latest Euribor:

  • ERM5 98.125/98.25/98.375/98.50c condor, bought for half in 16k.

EURIBOR OPTIONS: Call Fly buyer

Jan-20 10:56

ERM5 97.8125/97.9375/98.0625c fly, bought for 2 in 8k.

OUTLOOK: Price Signal Summary - S&P E-Minis Bull Cycle Still In Play

Jan-20 10:56
  • In the equity space, S&P E-Minis traded higher again, Friday. Last week’s gains undermine the recent bearish theme. The contract has traded through the 50-day EMA and attention is on resistance at 6107.50, the Dec 26 high. Initial resistance is at 6068.25, the Jan 6 high. Clearance of 6107.50 would strengthen a bullish theme. Key support has been defined at 5809.00, the Jan 13 low. A reversal lower and a breach of this level would reinstate a bear theme. First support lies at 5961.75, the Jan 16 low.
  • A bull cycle in the EUROSTOXX 50 futures contract remains intact. Last week’s climb resulted in a breach of 5054.00, the Jan 8 high, to confirm a resumption of the uptrend. The contract is holding on to its gains and the focus is on 5200.00. Key short-term support has been defined at 4931.00, the Jan 13 low. A break of this level would be bearish. First support lies at 5113.00, the Jan 17 low.