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What do Canadian buffalo use to pay their bills? BUFFALOONIES.

Trading Options on Funds

Trading Options on Funds

Trading Options on Index Funds or ETFs

BUBB's chart looks about like The Rocky Mountains at sunset if you're standing on a dozen margarita blenders. Volatile. But if you want to live past age 40 as a trader, sometimes less volatile instruments are preferred. So you just pick an index—100 stocks in a basket are less volatile than any one stock.

Trading index options is usually a reflection of other factors in a portfolio. Yeah, traders do naked exposures to market movements and do speculate o...

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