|
PureBytes Links
Trading Reference Links
|
<FONT face=Arial color=#0000ff
size=2>Colin,
Thanks
for the info. I was interested in options on SPY since it was the closest
proxy for an ARMS indicator based system, but I am currently only using the
underlying. The system works well enough and I was looking to add a little
leverage and to try and smooth out some of its shortcomings while trying to
squeeze a little more out of it by selling unneeded premium. Oex, Spx and
QQQ options etc. might work if the underlying assets are well correlated
with SPY, so thanks for the suggestion. I guess it's back to the EL
powereditor.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>Ray,
Thanks
for the clarification. A little prospectus-reading on my part probably
couldn't hurt. <FONT
face=Arial color=#0000ff size=2> Its McGraw vs. the exchanges (and State Street
I suppose). I was looking into those for a Pankin-style switching system
(for diversification and for my mother-in-law's account, sigh), perhaps with
options for a little better control. But, that liquidity could be a
problem.
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>
Happy
trading
<FONT face=Arial color=#0000ff
size=2>Richard Garvis
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>
<FONT face=Arial color=#0000ff
size=2>
<BLOCKQUOTE
>
<FONT face=Tahoma
size=2>-----Original Message-----From: Colin Johnston
[mailto:ccjohnston@xxxxxxxxx]Sent: Tuesday, April 01, 2003 11:31
AMTo: realtraders@xxxxxxxxxxxxxxxSubject: Re: [RT]
Options on SPDRsRichard -- SPDRs,
themselves, do not trade. Is a term covering the various ETFs, such as
SPY -- which doesn't have options traded either. You should investigate
options markets underlying $OEX, $SPX and the QQQ. And, the only "dumb"
newbie question is the one that's not asked. On the
covered-calls front, check out OptionVue's software and educational materials,
and McMillan's texts, to build your knowledge. Larry M also has some
modestly-priced online seminars on this topic. With best
regards, Colin JohnstonRichard Garvis
wrote:
<BLOCKQUOTE cite=""
type="cite">Hello all,Forgive me for this rather newbie
question, but I've noticed no options onSPDRs (sector spiders, yes -
SPY, no). What are traders using as a proxyfor this. If no
good ones exist, is there a better ETF-type vehicle tradedthat is
optionable?Mainly looking to write covered calls (for
now)Many thanks,Richard
GarvisTo unsubscribe from this group, send an email
to:<A class=moz-txt-link-abbreviated
href="">realtraders-unsubscribe@xxxxxxxxxxxxxxxYour
use of Yahoo! Groups is subject to the <A
href="">Yahoo! Terms of Service
.
Yahoo! Groups Sponsor
ADVERTISEMENT<a
href="" target=_top><img src=""
alt="" width="300" height="250" border="0">
To unsubscribe from this group, send an email to:
realtraders-unsubscribe@xxxxxxxxxxxxxxx
Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service.
|