1.0922...
Huge gap up in /ES, /NKD, and especially EUR/JPY in the currencies. Big gap down in Gold, US treasuries....seems like the market is pricing that Le Pen is highly unlikely to win?
I just wanted to further clarify...in case anyone interpreted my comments into this being simply an event driven vol scenario. I'm actually betting on "movement". If the Euro goes no where I won't make any money which is usually the opposite of the case of someone who say would sell a straddle. There is potential for some huge moves here and that point cannot be lost on the trader.
Is it safe to say that most of your exposure is in /6E?