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Strategies & Market Trends : Tech Stock Options -- Ignore unavailable to you. Want to Upgrade?


To: donald sew who wrote (51857)9/9/1998 2:41:00 AM
From: Trey McAtee  Read Replies (1) | Respond to of 58727
 
donald--

so, are we in a trading range or a bear? keep in mind that we hold your opinions and posts to be gospel truth<G>.

seriously...your analysis has been very impressive. any ideas you can give will be appreciated.

good luck to all,
trey



To: donald sew who wrote (51857)9/9/1998 3:45:00 AM
From: MonsieurGonzo  Read Replies (1) | Respond to of 58727
 
RE:" CBOE:LTX.X - Latin 15 Index Options "

This is a sleepy little derivative buried on the CBOE site.
The LTX.X closed at 86.25 today, and the nearest strike is 100;
there are no strikes below 100 or beyond October :-/

The index composition is designed to this formula :

35 % Brazil
30 % Mexico
17.5% Argentina
17.5% Chile


The index components are as follows :

weight

11.67% BZL - Brazil Equity Fund (Brazil)
11.67% ARA - Aracruz Celulose (Brazil)
11.66% BZF - Brazil Fund (Brazil)
5.84% TAR - Telefonica Argentina (Argentina)
5.84% YPF - YPF Sociedad Anonima (Argentina)
5.83% AF - Argentina Fund (Argentina)
5.83% BSB - Banco Santander (Chile)
5.83% CTC - Compania de Telefonos (Chile)
5.83% EOC - Empresa Nacional Electric (Chile)
5.01% TMX - Telefonos de Mexico (Mexico)
5.00% ELM - Empresas la Moderna (Mexico)
5.00% GTR - Grupo Tribasa (Mexico)
5.00% KOF - CocaCola Femsa (Mexico)
5.00% VTO - Vitro Sociedad Anonima (Mexico)
4.99% TV - Grupo Televisa (Mexico)


For geo-market benchmarks in USD, there are these funds :

EWW - Mexico WEBS
BZF - Brazil Fund
AF - Argentina Fund
CH - Chile Fund


These funds do not have options; however, there are options for the
Mexican Bolsa, and digging around may find options for other LatAm
bolsas. AMEX has a LAT.X index, but I can find no data on it.

Some of the 'popular' LatAm telecoms, (like TBR) have silly PREMs;
but there are some other sleepers (like UBB) that the herd doesn't
trade much, and their options are more normal-looking.

LatAm appears to be somewhat sensitive to JY98Z Yen/USD futures; it
is also, by and large, a commodity-driven region. LatAm was treading
water today, despite the record DOW. Some banks are issuing new paper
at very high rates in a last-ditch effort to defend their pesos.

-Steve