ETF Options Trading and Four New Short Country ETFs
Two items of interest to your trading this morning.
1. I came across the following article this weekend that talked about the growth in the ETF options markets. It appears that ETFs will soon make up the majority of options traded in this country which is good news to anyone who is already trading ETF options or is thinking about using them. We’ve all seen the liquidity come into ETFs over the past year or so; it’s also moved into the options.
This article will give you an idea of the landscape. https://seekingalpha.com/article/144013-next-stop-etf-options-trading
2. Last week the ProShares launched four new international ETFs
UltraShort MSCI Europe ETF
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UltraShort MSCI Pacific ex-Japan ETF
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UltraShort MSCI Brazil ETF
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UltraShort MSCI Mexico Investable Market ETF
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BZQ is especially of interest as we’ve traded EWZ a handful of times and now we have a short vehicle to complement the long ETF. Please note that these are 2x ETFs on the short side which means that if there is a short signal in EWZ, you’ll want to go long 1/2 the dollar amount on BZQ in order to have an equal position.
This is from Larry Connors Daily Battle Plan which he publishes each morning. If you’d like to take a free trial click here, or call 1-888-484-8220 ext. 1 to start your free trial today.
Larry Connors is CEO and Founder of TradingMarkets.com and Connors Research.