Re: Short 1 Sept. Euro at 1.4529/EA
Hi EA! Thanks for the input...but I am used to futures options and dealing with the trade off for the loss of time premium...
Seems like more of a square deal than that pesky 'reset' they do every day in those double etf's...they just seem designed to take yer money....
And with futures options you can sell 'em or buy 'em...sell the time premium, or pay for it...like I just did, because I think the Euro will drop hard for at least a few weeks...other wise I would sell a call spread and get paid for the time premium...
They are risky...but it is a fair deal...since you can trade them either direction...
And I really like the leverage!
Cheers!