The document discusses renewed interest in Japanese equities ahead of GPIF re-allocation and policy momentum. It mentions a trade involving a 6-month 110% call financed by a 6-month 90% put with zero net premium. The document highlights the high Nikkei vols and poor skew, suggesting calls vs puts 1-to-1 struck around major technical levels. It includes a disclaimer about the nature of the material and its intended audience.
doj/DataSet10/EFTA01455660.pdf
{"key_people":["Uzair Ageel"],"document_date":"2014-09-24","document_type":"correspondence","key_locations":["London","United Kingdom"],"key_organizations":["Deutsche Bank AG","Bloomberg","Key Client Partners"],"reference_numbers":["DB-SDNY-0114541","SDNY_GM_00260725","EFTA01455660"]}