Thursday, June 20, 2013

Filling out the HYG July $92 Calls

We finally got a bit of a dip making the risk/reward proposition more attractive in HYG.

This is High Yield Corp. Credit.  I'm not aware of any specific leveraged ETF, at least not with this kind of liquidity.

While it can be played long as an equity position, I think the beta is a bit low on the risk/reward side so I prefer options.


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