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Bund "Stable" As Put-Call Ratio Collapses To 6-Month Low
Bund yields rose once again overnight, testing last week's melt-up 77bps top briefly but have 'stabilized' as US markets come online hovering 1bps lower. As bund prices have collapsed so it appears knife-catchers have been busily leveraging up with Call option open interest soaring dramatically (and put option open interest). This has smashed the put-call ratio from multi-year highs in mid-March (before the collapse began) to 6-month lows now. Whether this is a contrarian's dream is unclear (suggesting that there is further price downside as the weight of positions are skewed to the upside is unclear).
Bund yields are 'stable' this morning...
Bund Futures Put-Call Ratio tumbled to 6-month lows...
Was this plunge in Bund futures prices a huge option-market-driven squeeze? Or did the ECB 'engineer' it to give themselves some more runway on QE?
Charts: Bloomberg
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Why do i get the impression that somebody with a really big smart computer, is taking the central banks to the Cleaners..
the ultimate dream, fight the Fed.. and Win.. and come out alive of course..
Win a fight with the central banks? LOL!!!! The central banks have created a situation in which either they win, or nobody does. Let me add.........the central banks will not win.
Some strong buying interest of DAX30 has recently emerged from retail side where IG, Tickmill, FXCM seem to account for most of the volume. Are we making a top in the equities with May coming closer to an end?
No worries, the system is just as stable as a bottle of nitroglycerin sitting in the sun.....
Virtu must be cleaning up these last few weeks. Volatiliy = good times for HFT.
My last pay check was $9500 working 12 hours a week online. My sisters friend has been averaging 15k for months now and she works about 20 hours a week. I can't believe how easy it was once I tried it out. This is what I do... www.jobs-review.com
Selling should be banned. That will fix the problem.
notice how this is all futures/options trading, not cash markets and monthly contracts expire this week.
i get the feeling the germans are not going to allow this "americanization" taking over futures markets to last much longer. this criminal activity that goes on in futures markets has to stop - hedge funds get practically free collateral from brokers and use uber leverage to place these short term bets. they bet on horses but the horse race never takes place, their betting behavior is the race result - the more you bet, you win.
The uber-tight clique of German bankers know what's coming.
"Bund yields rose once again overnight, testing last week's melt-up 77bps top ..."
This kind of volatility is unprecidented. The debt bomb is about to explode and no one can hide from it.
http://www.globaldeflationnews.com/big-volatility-shakes-bond-investors-...