One Trader’s Plan To Not Let The French Election Ruin His Weekend

Jon Alternative Media, Blogosphere, Market Commentary, Politics

It’s another one of ‘those’ weekends again, but as Bloomberg’s Mark Cudmore notes, anecdotally, FX traders are significantly less excited by the French presidential election than the commentariat (may exacerbate the reaction to any surprise, though it doesn’t increase its likelihood). With options activity at record highs, what should be the game plan for the weekend if you’re a European-based investor?
In the last week of trading before the French election, investors increased bets for European stock volatility, sending the volume of VStoxx Index (European VIX) call options to a record.

This post was published at Zero Hedge on Apr 21, 2017.