Registered: Aug 2011
08-03-12 07:57 AM
Quote from luh3417:
Thanks guys. Yeah I am thinking Italy or Japan might be a bit further out, but just as inevitable as Spain. Can we think of more specific contracts, as well as options strategies. Eurex has futures and options on EURO STOXX 50ï¿½.
As far as liquid contracts go, Nikkei 225, Topix, IBEX, CAC 40, all have huge volume, at least as futures, and I assume most will also have options that remain liquid. There are some listed for Italy here but I want to check if any have much volume. http://en.wikipedia.org/wiki/List_o..._market_indices
As far as strategies go, one friend told me, if we have a choice, european expiration is preferable, he got burned by IB once on american style.
I know everything has a price, but one issue here is the market will not want to mark to market, that is, people don't want to face reality, want to put it off, and options of course will suffer as a result. But then, the other side of that coin is that this denial in fact creates the upside opportunity. If I can't commit to timing, maybe I could short the future and hope I don't blow up. I mean its hard to see much upside, except perhaps in the USA as a reserve currency/economy. Unfortunately by that token, the indices above focus on blue chip, which will resist the tide a bit longer. Too bad there's no index for like, badly managed Italian banks.
its funny how many people know in the back of their minds that things aren't going exactly the way they should over in Europe and the such.. but because it hasn't affected their standard of living yet..as most things goverment.. public are all reactionary.. no one locks the pilot door from anyone till a plane gets high jacked.. who would have thunk..