How to short Japan?

[heavenskrow]

Right now I am still bearish biased but more so Japan than America.

How would I go about being short the Nikkei 225? I have a futures account through IB but do not have the capacity to hold short /NKD overnight since its similar to /ZB in terms of risk. I'd prefer to buy a put, since the risk is laid out instead of having to manage a certain stop level.

 

[Scataphagos]

UKPIX, for one.

 

[S2007S]

ProShares UltraShort MSCI Japan (EWV)

This is an ETF which is quicker to get in and get out of, you can trade it anytime during market hours. UKPIX on the other hand is a mutual Fund, if you feel comfortable with a mutual fund then UKPIX is your choice, if you want to be able to sell and buy during market hours go with EWV

 

[loyek590]

Right now I am still bearish biased but more so Japan than America.

How would I go about being short the Nikkei 225? I have a futures account through IB but do not have the capacity to hold short /NKD overnight since its similar to /ZB in terms of risk. I'd prefer to buy a put, since the risk is laid out instead of having to manage a certain stop level.

sometimes the most liquid long only japan etfs also have pretty active options. You might find a put to buy there.

 

[Scataphagos]

ProShares UltraShort MSCI Japan (EWV)

This is an ETF which is quicker to get in and get out of, you can trade it anytime during market hours. UKPIX on the other hand is a mutual Fund, if you feel comfortable with a mutual fund then UKPIX is your choice, if you want to be able to sell and buy during market hours go with EWV

I hadn't known of "EWV"... but the volume is very thin.

 

[i960]

N225 or N225M futures? IB has access. Not sure about options on them.

 

[S2007S]

I hadn't known of "EWV"... but the volume is very thin.

yea, its been out for some time, I haven't traded it in years, I used to trade FXP years back but haven't really played that one in a long time....back then I would focus on japan but now the real volatility is in China, so I play more China etfs than Japan...

 

[heavenskrow]

I prefer EWJ as an ETF because of the higher volume.
So only option is through an ETF?

I was hoping there could be another instrument other then NKD 225 futures to place a trade/bet.

 

[Trader13]

As you select a trading instrument for Japan's equity market, keep in mind the currency effect of USDJPY. You may want to hedge out the currency impact.

 

[i960]

I prefer EWJ as an ETF because of the higher volume.
So only option is through an ETF?

I was hoping there could be another instrument other then NKD 225 futures to place a trade/bet.

I don't get why you would want any another instrument given that the futures will provide you almost 17 hour a day access to your orders and not be as prone to gap and rebalancing risk as an ETF would be.