financials

The slow overnight session was punctuated by some large block trades entered yesterday evening. Futures touched their lows early in the morning and worked their way to the top of the range shortly after the equity open.
Interest Rate traders saw light activity overnight, which carried over into the day session. No major economic numbers to move markets as traders wait for next week’s FOMC decision.
Trades we are monitoring today. this structure caught our attention, as being one of few value trades that was being executed. If you’re on the steepening track in the US, the recent drop in 30-Year Vol might be worth a look.
Futures traded their range overnight as geopolitical news broke futures early and they began their climb back prior to the pit open. Economic releases did little to move futures in any meaningful direction as tighter ranges were seen for the remainder of the day.
Slow overnight trade and minimal option activity. Eurodollar STIR futures traded higher without any real data points.
Slow overnight trade and minimal option activity. Eurodollar STIR futures traded higher without any real data points.
Minimal action overnight as futures trade in a tight range. That changed after the release of the September CPI data. Algos initially read the headline number as weak, and futures ticked up. However, core CPI, at 2.4% YoY, was the strongest reading since late 2008, and futures traded down to the bottom of the day’s range.
Futures traded on their lows for the session prior to the pit open. After a disappointing PPI release, futures moved progressively higher throughout the trading session, closing off mid-morning highs.
Trades we are monitoring today. If you’re also looking at the Silver Options this might be a trade that’s worth a look.
Trades we are monitoring today. this structure caught our attention, as being one of few value trades that was being executed. The market focus seems to be entirely centered on ramming up the value of Call structures.