Dec Midcurve trade looks value if you see 99.00 (EDZ0) as a good chance – Trade Idea

midcurve dec19 eurodollar 98.75/99.00/99.25 call fly (EDZ0, currently at 98.74), 109 days to expiry, settled 0.033.

If you think there’s a good chance of the EDZ0 making 99.00 in a 109 days, this trade for around 0.033 looks good value (max payout 25 @ 99.00, 7.6x leverage).