Recommendation: Buy Jul-17 19,500 puts vs sell Dec-17 17,500 puts (NKY calendar puts)
This document is page 19 of a 'Global Equity Volatility Insights' report produced by Bank of America Merrill Lynch on June 20, 2017. It provides technical market analysis on Asian indices (HSCEI, NKY, Nikkei, Topix), discussing volatility strategies, the impact of the Bank of Japan's yield curve control, and specific hedging recommendations. The document bears the Bates stamp 'HOUSE_OVERSIGHT_014990', indicating it was obtained during a Congressional investigation, likely related to financial records.
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