Calls on SRS

Discussion in 'ETFs' started by Trader7793, Sep 5, 2009.

  1. On Friday I bought calls on SRS, the October 12 strikes, thinking there might be a temporary rally in SRS thru September. Does anyone else see a bounce of several points in this thing in the next 3 or 4 weeks or is SRS just done?

    I keep hearing how commercial real estate is supposedly in trouble, and I think that the equities market may be due for some sort of pull back, but maybe the time of the leveraged ETF (especially on the short side) has come to an end?

    Does anyone see opportunity in SRS at this point?