anybody try this?
http://www.investorplace.com/46288/...aq-gvspy-tvspy/
For those otherwise unfamiliar with these newer Alpha Indexes, a brief review is in order. The idea behind the Alpha Indexes and the accompanying option contracts was to provide a trading vehicle that could be used to isolate the relative performance of a company. Rather than betting on a rise or fall in the marketplace, these index options offer the ability to bet on whether a company is going to outperform or under perform the market. In the case of out performance the index will rise; in the case of underperformance the index will fall.
Last November NASDAQ OMX (NASDAQ: NDAQ) also launched the:
NASDAQ OMX Alpha GLD vs. SPY Index (NASDAQ: GVSPY); shows how SPDR Gold Trust has performed compared to the SPDR S&P 500 ETF;
http://www.investorplace.com/46288/...aq-gvspy-tvspy/
For those otherwise unfamiliar with these newer Alpha Indexes, a brief review is in order. The idea behind the Alpha Indexes and the accompanying option contracts was to provide a trading vehicle that could be used to isolate the relative performance of a company. Rather than betting on a rise or fall in the marketplace, these index options offer the ability to bet on whether a company is going to outperform or under perform the market. In the case of out performance the index will rise; in the case of underperformance the index will fall.
Last November NASDAQ OMX (NASDAQ: NDAQ) also launched the:
NASDAQ OMX Alpha GLD vs. SPY Index (NASDAQ: GVSPY); shows how SPDR Gold Trust has performed compared to the SPDR S&P 500 ETF;