A market scan on CME Eurodollars Options on the close is always a trove, plus a challenge to spot potential trades of value. Wednesday close was no exception, with the only real nuggets sitting out in EDH Options.
In the Calls (cheap)
As you can see a couple of Flys look cheap the EDH 98.25/98.50/98.75 1x3x2 call fly and the EDH 98.125/98.375/98.625 1x3x2 call fly (Christmas Trees).
Trade has a 98.63 breakeven to the upside.
In the Puts (cheap)
The condor highlighted above looks pretty poor value (Max Leverage 2.7, ouch), and is probably worth a look from the sell side.
The three trades booked to our book keeping system.
