​Potential For Positive Greek Resolution Makes Owning SX7E Vol Attractive

Jul 2, 2015

Given the recent resilience of European banks and compressed vols in the Eurostoxx Banks Index versus the Eurostoxx 50, owning call spreads in the SX7E appear attractive. The view is that a positive outcome in the situation in Greece would lead to the SX7E outperforming the SX5E in the short-term.

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