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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Camster91 who wrote (86094)	1/19/2012 4:07:22 AM
From: Snowshoe	Read Replies (1) \| Respond to of 220169

>>Can one buy a call on dollars and a put on euros expiring on Friday Jan 20th, 2012?<< These ETFs have put/call options... UUP - PowerShares DB USD Index Bullish FXE - Rydex CurrencyShares Euro

To: Camster91 who wrote (86094)	1/19/2012 4:17:11 AM
From: elmatador	Respond to of 220169

Based on what?

To: Camster91 who wrote (86094)	1/19/2012 4:25:05 AM
From: TobagoJack	1 Recommendation Respond to of 220169

am firm believer in staying well away from time-specific macro currency plays when wagering on currency i just exchanged currency or bought currency etf deliberately stay away from put / call on currencies, and most assuredly staying away from pair trades in zirp environment, not that it is pervasive/global, and in desperation arena, now that all are in the fire, the only macro wager one should hold in size (unless one is a minute by minute trader always going to sleep in base-currency state) is ... gold and if one feels up to up the game, gold miner etfs gdx and gdxj and if one thinks one knows something, abx, nem, auy, ... fnv and if one wants enhanced returns, silver, slv, slw, paas and if one wants to play, options on any of above one can long or short gold, depending on one's macro view i like gold, it has no board, reports no lies, has options, is very liquid, trades 24/6, universal, eternal, incurs no r&d, suffers no sg&a, and does not have to worry about marketing, promotion, distribution, or exogenous risks - it in truth likes exogenous risks. long or short it, but it does encapsulate all that is known, knowable, and perhaps even unknown and never to be known, and can take on huge position size, if hiccup would be bailed out, given the current macro as opposed to the week-to-week-month-to-month macro. amen. i can devote 50% of pf to gold and not watch it day to day i can devote 1% to mcd and not watch it day to day a small up move in gold is worth many large moves in mcd a small move down in gold would be bailed out in time a big move down in gold signals time to leverage up just a perfect play toy besides, buying dollars is a bad idea, especially if one's base currency is already the dollar shorting euro is a crowded trade and the euro, for all its ills, is very strong, and can get stronger in an imf minute