​Daily Bulletin: Wednesday April 22

The VIX and the iShares MSCI Japan ETF saw the lion’s share of options volume today. It seems like the put activity on the VIX was a cheap way to bet on further volatility declines within a month, or a crap shoot, as one Chicago trader put it. EEM was also the target of steady call flow today, with the May contract targeting 44.5 trading 50,000 times. In the people and firm’s section Sandeep Bidani, former equity sales official at Oppenheimer & Co, has joined a Canadian bank in New York.