High Leverage Options playing on interest rate sensitive securities

Discussion in 'Options' started by bcavender, Nov 20, 2003.

  1. I subscribe to a newsletter flogging a very expensive options sub-service that suggests:

    " Right now, with some of the options we are eyeing, costing as little as $50 to $100, you can potentially control $1 million worth of interest-sensitive securities. That’s the equivalent of 10,000-to-1 leverage!"

    I've primarily traded stocks...so help me out here...

    What kind of option vehicle(s) can do this....or is he full of it?

    Thanks!