FXE short position

Discussion in 'Options' started by syswizard, Jan 31, 2012.

  1. Well this Euro movement is quite a dance. But I think this is the last hurrah for this currency.
    The consensus seems to be that despite this currency being weak, short positions will take time as continual news out of the EUC attempts to bolster this guy. That tells me that shorting the calls is the best way to go.
    The ETF "FXE" shows good volume on the CBOE...about 2000 contracts for the near term NTM options.
    Anyone play these ?