S&P futures/CPN
First CPN is up .35 in the premarket to 6.10
I am not long the stock ,but delta long thru my
option positions.There are still boring but "safe plays" that will return 20% or more on an annualized basis.In fact I have quite a few of these option spreads on.They expire in Jan04.Much better rate of return
then a CD!!
Regarding S&P futures.Typically i don't sell the first up day in a series but if we trade up into
the 968.00 area I will probably go short.This is NOT a recommendation.
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