I sent out an email to clients Wednesday (Apr 27) that discussed the trade themes I like post-FOMC, in the front part of the curve:
1) EDU (N & Q) will get pseudo-pinned for the next couple of months near the 99.25 strike. I like playing for 25% to 75% of one hike thru Q3 to be priced in for the near future.
2) EDU seems cheap. While the curve…[Read more]