Listen to the Joystiq Podcast (because your ears can't read)

AOL Money & Finance

Posts with tag qid

Options Update: UltraShort ETF's volatility elevated; SDS, QID, SKF

UltraShort S&P 500 (NYSE: SDS) is closed at $112.94 Wednesday. SDS seeks daily investment results that correspond to twice the inverse daily performance of the S&P 500. SDS December option implied volatility of 140 is above its 26-week average of 58 according to Track Data, suggesting larger price movement.

UltraShort QQQ ProShares (NYSE: QID) closed at $89.25 Wednesday. QID seeks daily investment results that correspond to twice the inverse daily performance of the NASDAQ Index-100 Index. QID December option implied volatility of 139 is above its 26-week average of 75 according to Track Data, suggesting larger price movement.

UltraShort Financials ProShares (NYSE: SKF) is recently is recently up $1.67 to $224.50. SKF is an exchange traded fund seeking daily investment results that correspond to twice (200%) the inverse (opposite) of the daily performance of the Dow Jones U.S. Financials Index. SKF December option implied volatility of 185 is above its 26-week average of 95 according to Track Data, suggesting larger price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

Option Update: UltraShort S&P500 ProShares and UltraShort QQQ ProShares volatility flat

UltraShort S&P500 ProShares (AMEX: SDS) seeks daily investment results that correspond to twice the inverse daily performance of the S&P 500. SDS July option implied volatility of 42 is near its 26-week average according to Track Data, suggesting non-directional price movement.

UltraShort QQQ ProShares (AMEX: QID) seeks daily investment results that correspond to twice the inverse daily performance of the NASDAQ Index-100 Index. QID July option implied volatility of 51 is near its 26-week average of 51 according to Track Data, suggesting non-directional price movement.

Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com

ETFs every investor should know

If you've ever delved into investing in ETFs (exchange-traded funds, basically entire indexes and sectors that trade like stocks), you're already familiar with the most popular, those being Powershares QQQ Trust (Nasdaq: QQQQ), SPDR Trust Series 1 (AMEX: SPY), Diamonds Trust, Series 1 (AMEX: DIA), iShares Russell 2000 Index (NYSE: IWM) and lately Financial Select SPDR (AMEX: XLF) and UltraShort QQQ ProShares (AMEX: QID). But have you ever looked into those that are much less followed, but more capable of yielding some big-time returns?

I primarily trade fun smallcap stocks, so until the past few days, I hadn't either. But when I began researching, I just kept finding more and more interesting ETFs -- it was addictive! Almost addictive as my new Twitter account where I've discovered I can chat with business legends, yesterday it was the founder of eBay Inc (Nasdaq: EBAY). Okay, maybe ETFs will never be that addictive!

Out the few hundred ETFs I looked into, here were some of the more interesting of the bunch:

Continue reading ETFs every investor should know

Inverse ETFs: Hedging downside risk

For those who wish to hedge a portfolio against downside risk, Nate Pile suggests a pair of ETFs that benefit from a market decline. Here is the latest from his Nate's Notes.

"Although I would argue that much of the potential bad news has already been factored into stock prices, one of the mantras I have come to respect over the years is 'don't find the trend'... and the trend is currently down.

"Thus, I believe it would be foolish to not take at least a few cautionary steps with regards to protecting our portfolios until it becomes more clear just how bad things are going to get.

"As a result, I am recommending two 'short fund' ETFs as short-term investments -- ProShares UltraShort Dow 30 (AMEX: DXD) and the ProShares UltraShort QQQ (AMEX: QID). Both are designed to provide results, before fees and expenses, which correspond to the inverse of the performance of their respective indexes.

Continue reading Inverse ETFs: Hedging downside risk

Symbol Lookup
IndexesChangePrice

Last updated: November 22, 2008: 03:38 AM

BloggingStocks Exclusives

Hot Stocks

BloggingStocks Featured Video

TheFlyOnTheWall.com Headlines

WalletPop Headlines

AOL Business News

Latest from BloggingBuyouts

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

More from AOL Money & Finance