UK election fog prompts surge of FTSE 100 puts

Puts on UK's leading index rose 30% last week, with put/call ratio nearing historical high

The Houses of Parliament
UK election result may spark FTSE fall

Fears that the UK general election on May 7 could usher in weeks of political instability have sparked a sudden surge in negative bets on the FTSE 100. Last week saw £12 billion notional of put options traded on the FTSE - up a third on the previous week, according to UBS's equity derivatives strategy team - nudging the ratio of puts to calls traded on the index towards historical highs.

Current polls suggest neither the Conservative Party - which currently leads a governing coalition with the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: