options on s&p vs. options on s&p futures?

Discussion in 'Options' started by TheoCap, Feb 21, 2007.

  1. What's not to understand. The strategy is simply long the S&P500. Such a brilliant, simple, and elegant idea...except when it goes down, but I wouldn't worry about that.
     
    #11     Feb 25, 2007
  2. uglyboy

    uglyboy

    Exactly.

    Oh, but there's more:

    "It is an investment strategy created for high-income professionals with a solid understanding of financial and investing concepts who want to make that first or second million within a decade. "

    Well I'm both, but I doubt that this will get me the 100% returns you're suggesting (except with massive risk).
     
    #12     Feb 25, 2007
  3. On the surface, the roll strategy appears almost silly to most, as it did to me.

    After reading the book "Inside the House of Money", one of the macro managers interviewed Jim Leitner of Falcon Mngmt. and he is constantly on the lookout for strats that "real $$"(long only) funds look for. I think the roll is one of those strategies that global macro managers are looking for, congratulations.

    It's all about earning risk premia for the long term. Fantastic.
     
    #13     Feb 25, 2007