J^
Taht seems likely. The PHLX site makes it clear taht there are several ways to do this, and they shouldn't really present a problem--I mean, standardized options are standardized options, no?--but I found it impossible to understand how much they cost, what the strike price symbols are, and how one might find chains. I do not like the PHLX site.
Of course one could buy futures options, but they seem to offer less bang for one's buck than regular ones.
I suppose we've decided that a temporarily roaring economic environment is necessary to offset the inevitable problems resulting from the Asian mess. After all, yesterday or the day before we had an economist from Goldman saying the impact on the U.S. would be greater than expected.
My broker says also taht end-of-year money is pouring in and has to be spent, and so on... The Fed hates to raise in December, and my guess is taht they'll want to see how things play out in Japan and the emerging markets before deciding to do anything.
AND did you know Japan's on tsunami watch following an earthquake in Kamchatka?
J |
