My boss just asked me to find a way to short oil, 2 year treasuries and 10 year treasuries using LEAP options. I am clueless. Where would I start looking?
Treasuries: http://www.cboe.com/Products/InterestRateOptionsSpecs.aspx Light-Sweet Crude: http://www.nymex.com/lsco_options.aspx You can play around and find what you want
dug
are there leap options available for oil or treasuries? I can’t find them if there are
Yes, the oil will be easier to do due to ETF’s. A little tougher w/Treasuries. SHY and IEF will give you some potential ETF’s for your yield curve play http://www.ishares.com/home.htm
lxada269 Wrote: ------------------------------------------------------- > are there leap options available for oil or > treasuries? I can’t find them if there are http://finance.yahoo.com/q/op?s=YHOO&m=2009-01 http://finance.yahoo.com/q/op?s=YHOO&m=2010-01 Treasury ETF’s are a bit tougher
TJR Wrote: ------------------------------------------------------- > dug Is there another short etf besides dug that shorts just oil?
USO is a good proxy for Oil. Perhaps by some LEAP puts on that…
there are 2-Y and 10-Y options on the CBOE (TYX and TYM, i think). why not just going short futures?
Why is your boss asking you to do something that you don’t have a clue about?
Either Boss is testing him, or even more clueless.
I would tell my boss that he is too stupid to be working for me and I am no longer working for him. Shorting things with very liquid futures contracts using LEAP options is brain dead.
Indeed. Though it could be a mutual fund that isn’t allowed to invest in futures or go short, but can buy options/inverse etfs. Just a thought…
JoeyDVivre Wrote: ------------------------------------------------------- > I would tell my boss that he is too stupid to be > working for me and I am no longer working for him. > Shorting things with very liquid futures > contracts using LEAP options is brain dead. So you would suggest selling future contracts instead?
futures options…