Bond Trader Bets $10 Million That Volatility Revival Is Imminent

Okay okay, you're right. There are dummies out there. But, wouldn't the likely conclusion be that the guy works at a bank?
And, he's just got a big fat bonus check.
Who knows, although it's unlikely that this person works in a bank, IMHO...
 
Who knows, although it's unlikely that this person works in a bank, IMHO...

That's an awfully large trade for a single person. Those executions would've been very hard to pull off without smothering the price. Do you happen to know if it was just posted to the exchange or was it done in a dark pool?

I'm asking because FOP's are notorious for low liquidity even if it was a treasury he's betting on.
 
That's an awfully large trade for a single person. Those executions would've been very hard to pull off without smothering the price. Do you happen to know if it was just posted to the exchange or was it done in a dark pool?

I'm asking because FOP's are notorious for low liquidity even if it was a treasury he's betting on.
It's was a block trade done by a broker for a client on the exchange... It was probably some HF BSD who did it.
 
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It's was a block trade done by a broker for a client on the exchange... It was probably some HF BSD who did it.
Could have been a real money hedger of some sort. Today's VIX trade was bigger and made just as little sense, IMHO.
 
Could have been a real money hedger of some sort. Today's VIX trade was bigger and made just as little sense, IMHO.
Yeah, could be... Like that Fiddy guy or smth.

And yeah, that VIX trade today was pretty nuts...
 
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