I have been looking at the 'packages' offered by IG  i.e the range of bets where 1 of them will win and the rest will lose.
The FTSE 30 point ranges and Dow 50 point ranges look interesting as there is only 4 possible outcomes  a 1 in 4 chance.
This all sounds very much like gambling speak but this is really what it boils down too. Minimise risk whilst maintaining the opportunity for reward. The prices for these remain fairly low until near to expiry so plenty of opportunity for a nice entry.
Why not just trade Up or down then you may ask? 50/50 chance on that package. True, but then the entry price for these are normally around the 80 mark, far too risky in my book.
A choice of 4 bets, with good low prices seem a good 'bet' so to speak. A fair chance of a good payoff with not such a high risk.
Wideboy (the gambler )
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Any views expressed are purely my opinion and and not a recommendation to trade
