New revelation -- A sideways ETF --

Discussion in 'ETFs' started by Topper, Nov 3, 2009.

  1. Topper


    IMO this would be an outstanding idea for days/times like this! :eek:
  2. Topper


    Think about it.... "ultra sideways ETFs" which is basically a form of spread trading in an instrument that trades like a stock.
  3. An ETF that sells straddles and strangles, right?

  4. "Introducing the Ultra Sideways ETF's - for the traders that can't avoid compulsive trading during the chop times!" :D
  5. Like the ultralong and ultrashort ETFs, it would wither away into oblivion.

    Sounds like a great product!
  6. AyeYo


    They have those already. They're called savings accounts.
  7. Pekelo


    It isn't necessery. You just need 2 ETFs one long and one short with 1-1 positions. Once the market swang one way, you close the position in the money and wait for the return to the mean for closing the position formerly in the red....