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Others to Watch: SPX and OEX Apr puts; TLT

 
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arthur
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PostPosted: Tue Apr 12, 2005 2:49 pm    Post subject: Others to Watch: SPX and OEX Apr puts; TLT Reply with quote
SPX Apr options stop trading after Thu and expire Sat. However, if SPX rises to the mid-1,190s, that may be an opportunity to buy SPX Apr 1,200 or OEX Apr 570 puts (since in-the-money options become more important closer to expiration). TLT (long-term bond ETF) is a long-term short.
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