help with a sread trade PLEASE - SDS

Discussion in 'Options' started by GnarXkills, May 24, 2007.

  1. I am new to trading options and would like some help on doin a trade on SDS which is a doule short on the s&p index. I'm looking to do a bear-put maybe 60 to 90 days to exp. any suggestions would be great!!!
     
  2. MTE

    MTE

    First of all, SDS doesn't have options.

    Second, a bear put spread on the SDS means you expect the market to rise further.

    Third, SPY options are a lot more liquid so even if SDS had them there'd be no point in using them.

    Fourth, you won't get any replies unless you get more specific about your expectations. You specified 60 to 90 days, but what about the target price, for example?