Buy Europe Equities Calls as It’s ‘Time for Action’ by ECB: BNP
2014-11-20 13:02:30.729 GMT
By Joanna Ossinger
Nov. 20 (Bloomberg) -- Buy SX5E Dec. 3225/3375 call spread
for 0.64% indicatively as EU500b QE should result in 10% upside
for euro zone equities, BNP Paribas strategists Ankit Gheedia,
Martial Godet write in note.
* Buy SX7E 142.5/152.5 Dec. call spread for 1.7% premium as
policy announcement on TLTRO should be favorable for SX7E
* Strategy most profitable for 10%-12% rally, which is
“potential cap” in absence of BOJ-style easing “which
seems premature at this stage”
* Strategy most profitable for 10%-12% rally, which is
“potential cap” in absence of BOJ-style easing “which
seems premature at this stage”</li></ul>
* Buy CAC Dec. 4375/4600 call spread for 0.76% premium
* NOTE: Earlier, How Do You Solve a Problem Like Mario’s?
Ideas to Skirt Full QE
* NOTE: Nov. 5, Bet on ECB Taking Unconventional Measures
After BOJ Move: BNP
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To contact the reporter on this story:
Joanna Ossinger in New York at +1-212-617-7789 or
jossinger@bloomberg.net
To contact the editor responsible for this story:
Joanna Ossinger at +1-212-617-7789 or
jossinger@bloomberg.net
2014-11-20 13:02:30.729 GMT
By Joanna Ossinger
Nov. 20 (Bloomberg) -- Buy SX5E Dec. 3225/3375 call spread
for 0.64% indicatively as EU500b QE should result in 10% upside
for euro zone equities, BNP Paribas strategists Ankit Gheedia,
Martial Godet write in note.
* Buy SX7E 142.5/152.5 Dec. call spread for 1.7% premium as
policy announcement on TLTRO should be favorable for SX7E
* Strategy most profitable for 10%-12% rally, which is
“potential cap” in absence of BOJ-style easing “which
seems premature at this stage”
* Strategy most profitable for 10%-12% rally, which is
“potential cap” in absence of BOJ-style easing “which
seems premature at this stage”</li></ul>
* Buy CAC Dec. 4375/4600 call spread for 0.76% premium
* NOTE: Earlier, How Do You Solve a Problem Like Mario’s?
Ideas to Skirt Full QE
* NOTE: Nov. 5, Bet on ECB Taking Unconventional Measures
After BOJ Move: BNP
For Related News and Information:
First Word scrolling panel: FIRST<GO>
First Word newswire: NH BFW<GO>
To contact the reporter on this story:
Joanna Ossinger in New York at +1-212-617-7789 or
jossinger@bloomberg.net
To contact the editor responsible for this story:
Joanna Ossinger at +1-212-617-7789 or
jossinger@bloomberg.net