22 days ago • Posted by William Ramstein

JPM recommending buying short dated puts in DAX

German business sentiment isn't looking overly great. Note Germany has the usual problems of delta, bottlenecks etc, but also the upcoming elections. JPM is out today recommending buying short dated "digital" like puts in DAX; "...short-dated put spreads are offering compelling risk-reward for the first time in almost two years across several European indices, thanks to the decline in index implied volatilities and persistently steep skew:" Source:the Market Ear