Great post thanks.
That's what i'm concerned about. How much money it would cause me to tie up. I was looking at it from an experimental point of view to gauge the price action without risking too much capital.
I agree it's a crap return when you look at it as locking up £160 for a £10...
I've just been looking at IGindex pricing and see you can buy a JUN FTSE 4900 PUT with a price of 5/11
Now if I short this then at the IG minimum 2gbp per point then I stand to make a massive 10gbp return. :clap:
What danger does a trade like this face within the time frame leading up to June...