GOIH Capital Markets:Hypo Hedge Fund: Relative Value Volatility trade

Our Capital Markets Group has been monitoring the VIX Index for volatility. We see volatility increasing over the next 30 days and have designed a two legged relative value volatility trade against the S&P 500 Index against the Yen and the Yen against the Euro.

We will post the trade here once the parameters are finalized.

We see a short term profit of 4% leveraged 10:1 for a 40% ROI.