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Getting the Ball Rolling

Alright guys, well today I decided to dive right in and try out FROs. I've been trying to get as much information on them as possible, and today I felt it was time. Unfortunately, I'm not nearly as confident in this stuff as I usually am, but hey, we'll see if this pays for 1/2 of my calculus book. When my trade note becomes available, I'll be sure to write a little on how I came to my decision. As for now, I was wondering if any of you guys had taken a plunge into the unknown and tried out these new FROs.

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Edited by V!NCE at 06/16/08 11:54 AM
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rauchcory

Member since: Jan 08

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rauchcory

sold one pretty much just to say I did. Made 5 bucks :)

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DannyUpshaw

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DannyUpshaw

You know..I haven't traded a FRO yet...but I think I would like them better than regular options....I think picking the average price of a stock over a one month period would be easier than handling regular options.  (..well, that assumes that I have a decent understanding of what a FRO is.)

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k-man

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k-man

I haven't delved into FROs yet.  Right now, my money is in bottom feeding the financial sector.

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Anyway

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Anyway

I've bought a few and came out ok. I'm not sure the average price for a month would have anything to do with winning or losing. It all comes down to the weighted price on the final day. It seems hard to trade at anything other than at the bid or offer at this point. I'm sure this will change as more people start using them. They sure give you something to watch on the last trading day. Good Luck!

Read Doc's All-Star Trade note for more insight.

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