Agree. RE: the chart it's a dog. Liquidity could wash up quick at a bank.
With that said, I do find this as a play. If I'm wrong I'm wrong....I'll move onto the next as usual.
Not much at the moment.
The best thing to go off of TO MAKE IT SIMPLE is the BAC/MER premium IMO. Worth the risk. They're not exactly in the same category but close enough.
There's going to be so much red tape to get this through.......
I doubt it will ever happen. The open interest in the options market is a perfect example.....
I just find it INSANE to even consider this.