financials

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.
It seemed the market had a hard time deciphering the Payroll data, as interest rate futures traded their entire range immediately after the number. Blame it on the algos and low liquidity.
Futures were relatively quiet overnight, hovering around the day range lows. They then marched steadily higher over the day as talk turned to economic weakness both at home and abroad.
Relatively quiet overnight session as futures hover above range lows. That all changed with the release of the ISM Manufacturing numbers, which disappointed with the lowest reading since 2009. Futures spiked to their session highs and settled near those highs.
Very quiet overnight session, only 10K options volume prior to pit open. Futures traded near their session lows prior to a weak Chicago PMI number that rallied us to the top of our day range, where we ended the session.
Slow day as markets took in geopolitical news. Majority of Eurodollar futures curve trades in 5 tick range. Very low options volume.
Trades we are monitoring today. Volatility in Eurodollar (rates) looks very vulnerable despite falling last week. It still is an attractive sell.
Futures were relatively quiet overnight, with tight 2-3 tick ranges. A better than expected a new home sales number edged us lower. But a vague Trump tweet about a China deal propped up equities and moved Eurodollars to their session lows where we finished the session.
Futures edged higher overnight on lower volume. They took another leg higher after a miss from the US Service PMI and ended the day near their highs on below-average volume.
Given the backdrop, there was a surprising lack of overnight activity. Futures zig-zagged in a relatively tight range of 5.5-6.0 ticks for the remainder of the session.