Chris; RE:" XLK LEAPs "
>XLK LEAPs will be nice (if/when) we get a nice dip (Feb??)...
yeah, I keep wondering when the internet soufle will fall; the weekly charts for the NDX.X are awesome.
Dunno when/if the NASDAQ&AMEX will offer options on the AMEX:XLK - Technology Sector SPDRs, Chris, that would be useful.
There is a somewhat obscure index, CBOE:TXX.X - CBOE Technology Index which appears to be a less expensive way to play the TechSpaetzles than either NDX.X or MSH.X index options, FWIW.
Check out the UOPIX - UltraOTC ProFund and USPIX - UltraShort OTC ProFund, Chris. These funds are in essence options on the ND99H - NASDAQ-100 Futures and have tremendous risk/reward leverage. profunds.com
The minimum investment is $15,000. They also have MPIXX - Money Market and ULPIX / URPIX - S&P-500 Index ProFunds in the fund family. Once you buy into the family, you can switch from one member to another without commissions; the minimum transfer from one to another is $1,000. They are typical, end-of-day NAV type funds so, you're not intra-day trading these things.
-Steve |
