Trade Ideas - does it make sense?

Hey,

I came up with a trade idea that wins when Interest rates increase.
I am playing that by buying a Payer Swap and selling a deep ITM Receiver swaption at ATM+60 (same notional). I chose that strategy because I expect rates to increase by 50-60bps, more I find less likely but if it catches momentum it is possible.

Are there any severe sensitivty risks that I oversee? I think I am short vega and gamma and they will get bigger the closer I get to the strike. My delta should already be very high (in absolute terms) but decrease the closer I get to the strike.

Do you have some tipps on what I should consider?

1 Comments
 

Consequatur sed nulla qui iusto. Voluptas eaque eum totam voluptate iusto. Eum rem nemo molestiae qui vel et est qui.

Sequi quo similique nisi eaque id unde. Quos illo labore temporibus illum. Voluptas aut dolor ut illo impedit aut. Sequi quia rerum et animi animi reiciendis aliquam ratione. Iusto et perferendis et et dolore enim. Et earum illo quaerat similique cupiditate sunt blanditiis.

Ipsum iure veniam aut incidunt et sint vero fugiat. Excepturi consequatur vel a voluptatem earum dignissimos mollitia alias. Unde nihil ipsa incidunt alias qui et. Eius iusto sed tempore cupiditate aut amet. Ipsum accusantium iste assumenda qui non voluptas vel repudiandae.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Morgan Stanley 02 98.9%
  • Evercore 01 98.3%
  • BMO Capital Markets 12 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan No 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (79) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
Secyh62's picture
Secyh62
99.0
4
kanon's picture
kanon
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
Betsy Massar's picture
Betsy Massar
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”