Thursday, 12 September, 2024
ECB 75bp by year end
{EU} MKT looking for 75+ bps year end
ERV4 9712/25/37 CALL fly paid 1 2k
this is offered on /1
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The above fly only gives you todays meeting….
ERZ4 expiry gives us 3 x meetings
that’s offered at /1.25… Surely makes sense to buy the ERZ4 fly over the ERV4 … Gives good tail risk even if it not the core view coming in at the right level