HSCEI‑SPX Dec‑18 variance swap spread analysis from BofA Merrill Lynch

HSCEI‑SPX Dec‑18 variance swap spread analysis from BofA Merrill Lynch The passage contains only technical market data and charts about variance swap spreads with no mention of individuals, institutions, transactions, or wrongdoing. It offers no actionable investigative leads, novel information, or links to powerful actors. Key insights: Shows historical realized vs. implied volatility spreads for HSCEI‑SPX Dec‑18 corridor variance swaps.; References BofA Merrill Lynch Global Research data (2012‑2017).; Lists payoff scenarios and variance spread levels (5%, 8%).