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Alias Born 03/20/2009

Re: Ghetto Fabalis post# 639175

Wednesday, 12/09/2009 10:47:03 AM

Wednesday, December 09, 2009 10:47:03 AM

Post# of 704019
Yes, looks like professional money managers loaded up on UUP calls to hedge stock portfolios from decline because UUP calls are much cheaper than S&P puts and almost perfect negative correlation between UUP and S&P. Just check the surge in open interest over past month.

But the question is does it make you feel better in this trade or worse?

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