Barclays analysts expect limited market volatility as Iran ceasefire deadline on April 7 approaches, citing modest risk premium.
S&P 500 implied volatility has declined meaningfully week‑over‑week, with the 8‑April forward curve remaining the firmest.
Traditional hedges like Treasuries, gold and yen failed to protect against recent S&P declines, echoing 2022 patterns.
Barclays recommends QQQ straddles targeting April 8 and 10 expirations to capture moves around the ceasefire and inflation data.