Dec Eurodollar 80/81/82/85 Call Condor – Trade Analysis

Front Z 80/81/82/85 Call Condor with 90.7 days to expiry

A trade going through this afternoon, that looks to offer some value on a historic basis, assuming you can live with the capped risk above 3rd strike at 98.25.

The structure which printed at 0.01 is trading close to 10 year lows, plus if you check it’s 10 year payout stats you can see that it’s returned around .14 cents on average and only exceeded it’s 3rd strike a couple of times on expiry