US S&P500 Put Warrants

  1. 834 Posts.
    Guys,

    Anyone out there had any success trading the US index warrants on the ASX?

    I have spotted a great simulator on the citibank site that shows the returns relative to target prices, timeframes & volatility.

    http://199.67.204.12/structure/warrants_tour/index.cfm?mrkt=AU&lang=GB&b=e&tour=5&sec=7

    I am in for a couple of the 1100 Dec 02 Puts when we get the next bounce.! Volatility is a little high though - I guess a reflection on the liquidity - there are only 10M of the warrants in the market...

    Looks like a great way to make some money from the fall in US equities / Dollar etcetc..

    Sur`ge
 
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