SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Options for Newbies -(Help Me Obi-Wan-Kenobe)
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: hdl who wrote (1985)8/28/2000 11:58:18 PM
From: Dan Duchardt  Read Replies (1) of 2241
 
hdl,

i want to buy puts on the nasdaq. how do i do that? what symbols do i use?

You have a couple of choices here, possible others I don't know off hand. You can buy options on the nasdaq 100 tracking stock QQQ. You can also buy options on the nasdaq 100 index NDX. Use an options quote service and put in QQQ for the underlying stock, or the appropriate symbol for the index (unfortuantely this symbol varies from service to service). I'm not sure if you can get options on the Nasdaq composite index COMPX, but I don't seem to be able to raise any quotes from my service.

There are even some mutual funds where you can invest contrary to the Nasdaq. Too late tonight for me to locate them, but Rydex and ProFUNDS are the names I recall.

Dan
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News