What's your play on December 2?

[76132]

In anticipation of the Greek vote, what would your play be? Apparently, polls have said the Greeks will vote against it but I somewhat think that enough people will wrap their heads around the magnitude of a default and vote for the bail out.

What is your opinion?

 

[76132]

Forgot to add what I was thinking: Initially, leading up to that day, I was thinking about going long volatility using a straddle/strangle or something but obviously the premiums would be expensive. Now I'm thinking of making a play on the VIX and hedging some downside risk.

 

[riskaddict]

The last week of November and the 1st week of Dec seem like they are always insane for some reason or another at least for the last 3 or 4 years. Remember all that AbuDabi default volatility.

 

[hajimow]

Someone should tell the Greek people beggers cannot be choosers.

 

[atticus]

The referendum will never happen. Papa is having delusions of grandeur and believes he will be the next President.