Discussion in 'ETFs' started by Topper, Nov 3, 2009.
IMO this would be an outstanding idea for days/times like this! :eek:
Think about it.... "ultra sideways ETFs" which is basically a form of spread trading in an instrument that trades like a stock.
An ETF that sells straddles and strangles, right?
"Introducing the Ultra Sideways ETF's - for the traders that can't avoid compulsive trading during the chop times!"
Like the ultralong and ultrashort ETFs, it would wither away into oblivion.
Sounds like a great product!
They have those already. They're called savings accounts.
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....
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