Hi, just a question: is it possible to trade options on mutual funds? (name / ticker of the MF ?). Thx
Too bad, it seems normal mutual funds are not optionable (except ETFs): http://www.tradingmarkets.com/.site...Never-Buy-Another-Mutual-Fund-Again-78355.cfm
Why own mutual funds with those high fees? Can't you find an ETF instead? But please - do not buy leveraged ETFs. Mark
Owning those 2X and 3X funds is a bad idea. they are made for DAY TRADING only (ok maybe 2 days at the longest). The way they are constructed, as time passes, unless the market is unidirectional, these leveraged ETFs lose value. Mark