A contrarian ECB rate bet targets 2.5% deposit rate through mid-March

Investing.com -- A trader is betting that markets have gone too far in pricing ECB rate hikes. Per Bloomberg, a 20,000-lot ERH7 call condor (strikes 97.0625/97.1875/97.4375/97.5625) targets a deposit rate steady at 2.5% through mid-March.
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