Bond option vs. interest rate option

If we want to play on interest rate hike, we can buy bond put option or buy call on interest rate.

Which one is easy to implement? Thank you!

I believe Interest rate call option is a better choice because of the following reasons:

  1. Options market is more liquid than bond market.

  2. Bond market would entail credit risk whereas options won’t (unless you are dealing in interest rate forwards or swaps)

Thanks Cric. If we play on treasury bond future option?