The Macro Trading Floor
Option Markets Are Eating The World
Jun 21, 2024
Guest Cem Karsan discusses option markets, the dispersion trade, and potential market havoc. They explore macro views, using options for risk/reward ideas, and the impact of populist elections on market performance.
37:49
Episode guests
AI Summary
Highlights
AI Chapters
Episode notes
Podcast summary created with Snipd AI
Quick takeaways
- The dispersion trade relies on S&P 500 correlation dynamics, vulnerable to unwinding with broad market effects.
- Options offer tailored risk-reward setups, enabling strategic alignment with macroeconomic shifts and asset class expectations.
Deep dives
Macro Overview and Credit Spreads in Europe
Credit spreads in Europe have started widening as a reaction to European elections, particularly the upcoming elections in France. With Macron expected to remain president, the reshuffling of the government and less friendly budgets could impact bond markets. This Euro-centric story is reflected in rising Euro-dollar volatility and widening credit spreads, crucial in the macro ecosystem.
Remember Everything You Learn from Podcasts
Save insights instantly, chat with episodes, and build lasting knowledge - all powered by AI.
