Despite negative interest rates in Japanese Bonds, the Yen (/6J), has continued to strengthen. Historically, this currency has an inverse relationship to the E MIni S&P 500 futures, /ES. However, this correlation has recently broken down, providing a pairs trading opportunity. Watch this episode of "Closing the Gap: Futures Edition" to get the contract specs of these products and how to properly "weight" this pairs trade using the implied volatility of each. Then, Pete explains how we can further reduce the Buying Power Reduction of this trade by using /ES options. See more videos from the Closing the Gap: Futures Edition Series: http://ow.ly/uyzY304Xzjc The gap between the self-directed and institutional trader in the world of Futures gets closer as Tom and Tony go head-to-head with one of the Futures market industry's best institutional traders. We bring professional strategies to individual investors. You can watch a new Closing the Gap: Futures Edition episode live and check out all previous episodes everyday at http://ow.ly/EoyGW! ======== tastytrade.com ======== Hosted by Tom Sosnoff and Tony Battista, tastytrade is a real financial network with 8 hours of live programming five days a week during market hours. From pop culture to advanced investment strategies, tastytrade has a broad spectrum of content for viewers of all kinds! Tune in and learn how to trade options successfully and make the most of your investments! Watch tastytrade LIVE daily Monday-Friday 7am-3:30pmCT: http://ow.ly/EbzUU Subscribe to our YouTube channel: https://www.youtube.com/user/tastytrade1?sub_confirmation=1 Follow tastytrade: Twitter: https://twitter.com/tastytrade Facebook: https://www.facebook.com/tastytrade LinkedIn: http://www.linkedin.com/company/tastytrade Instagram: http://instagram.com/tastytrade Pinterest: http://www.pinterest.com/tastytrade/