Recent content by Allgone

Thanks. I already have a small position in YCL, a long JPY leveraged ETF. It ties up too much $. My understanding is that an options position requires a smaller outlay for a potentially much greater return and with limited downside. As I generally don't trade options, I'm looking for specifics...

I want to take out insurance for the yen's rise against the US dollar. I'm a stocks trader with little experience of options. What options position should I take to profit from that rise in, say, six months to a year ahead? Thanks for any advice anyone can offer.