Big shift over the week in Eurodollar skew causing a number of structures to be totally upended. For example, check this EDU ATM Call Tree(+1 -1, -1), near Vol remains Bid while 25 and 50 out Vol collapses relative. Result is a structure priced at 10+.
If you’re expecting Price action to be more tempered here this looks a potential interesting sell, payout from being short this shown below.
