Global option premiums?

Hi,

Just curious if anyone has insight into typical option premiums in overseas (non-US) markets.

Is the implied volatility in the European markets significantly different (higher or lower) versus the US markets? Any other differences in trend? Or is everything pretty much arbed to BS-levels, tied to historical volatility?

Thanks.

 

The index-replication trade is very crowded.

 

Sorry, I found the answer a little mysterious.

You're probably just thinking a few steps ahead of me... but what? What index replication trade are you referring to?

 

It's fairly similar to the US market.