Options going long Japenese Yen

Discussion in 'Stocks' started by gdtrader, Jun 27, 2008.

  1. Hello,

    I was looking to go long JPY yen maybe buy some long term leaps. Can anyone advise possible stock symbols or ADR listed here that would benefit if JPY has move up?


    Thank you,
     
  2. MTE

    MTE

    If you are asking about options then this belongs in the Options forum.
    ISE offers FX options and YUK is the ticker for JPY.
     
  3. I would skip the ISE currency options. I haven't checked in a while, but I'm sure the spreads are pretty wide. Think about it ; only one exchange quoting ; there is no competition or incentive to lower spreads.

    I would look into FXY possibly, but I haven't looked at the spreads there in a while.