​Daily Bulletin: Tuesday April 21

Volumes on the listed market were lower today, with a straddle on GE targeting June 27 the most populous trade with 30,000 contracts executing each leg. Walgreens and Micron Technologies also saw interesting flow. We also take a look at the impact of last week’s VIX call buying. Credit Suisse is suggesting VIX call spread buying on the back on the increase to vol-of-vol. In the people and firms section, BNP’s Gerry Fowler, global head of equity and derivative strategy in London, has left the firm to join an asset manager.