You mentioned shorting ETF's. I know you can short stocks, but I guess you actually borrow those stocks from your broker to short. Would this be the same for an ETF, if you wanted to short the ETF. Would you be able to do it from a self directed account like ETrade. I have bought some ETFs in my Etrade account, but I never tried to short one.
I have done some pricing of SLV put options, but never proceeded on it. I did the pricing because Hal was doing some pricing on them.