Eurodollar Futures (GE)--anyone else trading these?

Quote from dunleggin:

imo, the diverse motivations of players in the bond/money markets facilitates many hypotheses...i think it would take someone on a desk to yea or nay that

Seen heavy buying in the Jan 73 calls (which expire 1/14 into H5 positions) Prudential 40k, JPM 10k, for 1.5 ticks. Why? Perhaps a flyer bet on a Fed pause. H5 is trading almost fully-priced for a Fed hike to 2.75% at the Mar 22nd FOMC. H5 expires about a week before. A weak NFP tomorrow and/or Fed statement Dec mtg suggesting a pause at Feb's mtg, H5 can rally 25bps. Any alternative ideas?

How do you guys know who's buying?

Thanks.
 
Quote from chinook:

How do you guys know who's buying?

Thanks.


chinook--as previously stated earlier in this thread...on TT you can see the counterparty to your trades in the fill window...not terribly scientific but it give you a pretty good idea what is going on at what price...as for how leggin gets his data...it is for him to divulge or not...

leggin--I agree that my thoughts about hedging are just as likely as any other...in fact Nitro's suggestion is probably more likely...I have heard much about the 'shedding duration' trade should the nfp come in strong (ie: +300)...
 
as jpm and morgan stanley are primarily brokers, is it posible to tell if the trades are going on their book or for a customer based upon the tt screen?

or am i completely off track?

leggin - took a 4 tick profit on half my position yesterday on the h5h6. i entered on wednesday - so i thought it would be wise to book some greenies before i get taken to the cleaners on the nfp.

:eek:
 
Quote from FredBloggs:

leggin - took a 4 tick profit on half my position yesterday on the h5h6. i entered on wednesday - so i thought it would be wise to book some greenies before i get taken to the cleaners on the nfp.

:eek:

good for you, squire - and indeed a wise move...some spreads misbehave in ways you don't foresee in such times...
 
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