Daniel Collins on LinkedIn: #trading #stirs #options (2024)

Daniel Collins

Head of F&O Rates Team - Dubai

  • Report this post

Short Sterling Options: September has been a stand out month for s.sterling options, you’d have to go back to Jun’16 and the Brexit vote to see the last major activity. This morning BoE Saunders caused another wave of call buying after commenting ‘UK may need rate cuts even if it avoids a no deal brexit’ - in his 25 MPC meetings, he voted to tighten 8 times (2 of those times he was with majority). Bloombergs WIRP now puts the probability of a 25bps cut at the Dec mpc at just below 30%. Again flows focused on the fronts with large condor and flys making up the volumes: L Z9 9937/9950/9962 fly bought for 1 in 14k on dayL Z9 9925/9937/9950/9962 condor bought for 2.5 in ~15kL H0 9937/9950/9962/9975 condor ppr pays 2.5 for 20kLH0 9975/9987/100 fly v 9912/9900ps ppr buys the fly and receives 0.75 in 88,888Feel free to get in touch about further colour#trading #stirs #options

  • Daniel Collins on LinkedIn: #trading #stirs #options (2)

15

2 Comments

Like Comment

George Austin

Co-Founder PricingMonkey

4y

  • Report this comment

Interesting trades that last one closed at -0.025 last night , looked very cheap on PM, not on my radar at all!

Like Reply

1Reaction

To view or add a comment, sign in

More Relevant Posts

  • Daniel Collins

    Head of F&O Rates Team - Dubai

    • Report this post

    US Rates Trader. July 4th Tomorrow. For those of you making lunch plans. He's the schedule for USTs and Sofr. Futures & Options Screen Wednesday 3rd July - Regular Close 5pm EST / 10pm BST – Normal Open 6pm EST / 11pm BSTThursday 4th July - Early close at 1pm EST / 6pm BST - Normal Open 6pm EST / 11pm BSTFriday 5th July - Regular Trading Options PitWednesday 3rd July - Early Close 1pm EST / 6pm BSTThursday 4th July - Closed.Friday 5th July - Regular Trading UST CashWednesday 3rd July - Early Close 2pm EST / 7pm BSTThursday 4th July - ClosedFriday 5th July - Regular Trading https://lnkd.in/ef5VsDSk #markets #cme #trading#futures #options

    CME Group Trading Hours - CME Group cmegroup.com

    10

    Like Comment

    To view or add a comment, sign in

  • Daniel Collins

    Head of F&O Rates Team - Dubai

    • Report this post

    A proud day for my padawan Dylan Stalick As he received his blue belt in BJJ. The belts begin at white > blue > purple > brown > black I like to describe it as a lot like climbing a mountain. White is ground level and it’s a very long walk uphill to the base camp of blue, you can make it if you just keep going. The distance from blue to purple isn’t as far but it’s a more technical climb and so on through the colours, shorter distances but steeper climbs. I love white to blue because the most change happens between those belts. A person comes into the gym with zero skills and they quickly learn no matter how tough they thought they were they are now bottom of the food chain. Your ego gets regulated and your mind opens up. To get from white to blue you are going to go through many days of feeling like you will never improve , to being tapped out 1000s of times, often by smaller ‘weaker’ opponents. Your body aches but yet you still show up to class and whilst it doesn’t feel like it at the time the glory is in this part of the climb.If you start jiu jitsu and you just keep showing up, you can earn a blue belt. Not only will you have developed a skill that could one day save your life, you will be stronger, fitter, sharper and if you embrace that keep showing up attitude into to your daily life then there are only further successes ahead.#mindset

    • Daniel Collins on LinkedIn: #trading #stirs #options (11)
    Like Comment

    To view or add a comment, sign in

  • Daniel Collins

    Head of F&O Rates Team - Dubai

    • Report this post

    Quick Weekender: US Rates Traders Don’t forget Wednesday – Juneteeenth US Holiday.US Cash and Listed Options Pit are closed.SFR and UST Futures are open but with an ET 1pm early close then a normal reopen at 6pm. In UK terms that means the screen is open until 6pm with the reopen at 11pm BST. (I still don’t think CME calendar is clear but for those that want the link) https://lnkd.in/eRwFhetE#cme #markets #futures #options

    CME Group Trading Hours - CME Group cmegroup.com

    5

    Like Comment

    To view or add a comment, sign in

  • Daniel Collins

    Head of F&O Rates Team - Dubai

    • Report this post

    Sarron Futures – Yes Sarron Futures! Lots of market chatter about yesterday’s sell in front June. With an open interest increase of 2259 lots I’m not sure what that indicates – thoughts welcome. Potential fat finger? Curious to know if any else struggles with the post libor contract names, too many S’s.. Sofr, Sonia, Sarron or SFR, SFI, SSY - execution risk right there imho! If you trade Sarron please drop me a Bloomberg, I’m working on something that I hope will improve trading and liquidity for all participants. #markets #futures #ice #icestirs

    • Daniel Collins on LinkedIn: #trading #stirs #options (19)

    14

    2 Comments

    Like Comment

    To view or add a comment, sign in

  • Daniel Collins

    Head of F&O Rates Team - Dubai

    • Report this post

    Eurex Euribor - If you follow my posts I’m interested in the growth of ESTR futures. ICE are leading the way, but Eurex are quietly creeping up. They always have had Euribors listed but similarly ICE has bund futures listed neither has traded. In light of the Eurex ESTR release it also has a basis contract which could be a catalyst for their Euribor growth. In past 3 days we have seen two large intermkt basis trades and Eurex's Euribor now accounts for 2% of Euribor mkt share - not a lot, but previously unheard of! Yesterday: 25k ERU4 96.40 vs 2x 12.5k FPUU4 Thursday: 25k ERU4 96.48 vs 2x 12.5k FPU4#markets #eurex #ice #futures

    • Daniel Collins on LinkedIn: #trading #stirs #options (22)

    39

    1 Comment

    Like Comment

    To view or add a comment, sign in

  • Daniel Collins

    Head of F&O Rates Team - Dubai

    • Report this post

    Goldman Recommends Dec. 2024/Dec. 2025 Euribor flattener Supported by incremental domestic data and possible US spillovers, given the long wait until definitive data on a September cut; current rate-cut pricing suggests yields will struggle to rise from current levels, while the hawkish formal guidance lowers the bar for upcoming ECB speak to rebalance the debate a little more dovishly; bank’s economists continue to forecast a quarterly pace of rate cuts.Traded 27k lots on Friday#markets #tradeidea #euribor #futures #options

    • Daniel Collins on LinkedIn: #trading #stirs #options (26)

    22

    1 Comment

    Like Comment

    To view or add a comment, sign in

Daniel Collins on LinkedIn: #trading #stirs #options (28)

Daniel Collins on LinkedIn: #trading #stirs #options (29)

5,066 followers

  • 900 Posts
  • 15 Articles

View Profile

Follow

More from this author

  • Fixed Income Futures and Options Christmas / New Year Holiday Schedule Daniel Collins 6y
  • Trade Idea - Eurodollars 1yr m/c Dec Daniel Collins 6y
  • Eurodollar Trade Idea / Observation Daniel Collins 6y

Explore topics

  • Sales
  • Marketing
  • Business Administration
  • HR Management
  • Content Management
  • Engineering
  • Soft Skills
  • See All
Daniel Collins on LinkedIn: #trading #stirs #options (2024)
Top Articles
Latest Posts
Article information

Author: Allyn Kozey

Last Updated:

Views: 6373

Rating: 4.2 / 5 (43 voted)

Reviews: 90% of readers found this page helpful

Author information

Name: Allyn Kozey

Birthday: 1993-12-21

Address: Suite 454 40343 Larson Union, Port Melia, TX 16164

Phone: +2456904400762

Job: Investor Administrator

Hobby: Sketching, Puzzles, Pet, Mountaineering, Skydiving, Dowsing, Sports

Introduction: My name is Allyn Kozey, I am a outstanding, colorful, adventurous, encouraging, zealous, tender, helpful person who loves writing and wants to share my knowledge and understanding with you.