​Weekly Flow Report: Vol Returns ¦ Skew Buying ¦ Nikkei Pre-Election

In the last Weekly Flow Report of 2014, we report on volatility strategies in the U.S. and Europe as the VIX touched its highest level for over a month on Friday as oil prices continue to dive and energy underlyings remain under put flow pressure. In Europe, we highlight a trade that involved buying skew in the Eurostoxx 50 in size, while we look at developments in the Kospi and Nikkei, the latter likely to remain in the spotlight going in to year-end as Shinzo Abe’s party and coalition partner secured a super majority in the country’s election over the weekend, according to media exit polls.