[RT] Timing Foreign Options

["Steve" <gts@xxxxxx>]

I have been looking at buying foreign market 
options that move in sympathy with the US markets.
 
Usually when the US markets tanks, the Nikkei will 
fall too.
I have not done a calculation on the percentage of 
times this happen although.
 
Here is a link to global markets that is 
updated every minute.
<A 
href="http://www.wwfn.com/sample/oscharts.html";>http://www.wwfn.com/sample/oscharts.html
 
I bought some 125 puts on the JPN
<A 
href="http://options.nasdaq.com/asp/option_chain.asp?symbol=JPN&selected=JPN";>http://options.nasdaq.com/asp/option_chain.asp?symbol=JPN&selected=JPN
They would have been in the money but the Nikkei 
bounced from its 12,005 low.
 
But I find that the volume is very low and the 
spreads are high.
 
Can anyone recommend other global option plays to 
capitalize on the global markets that can be bought by the end of day here to 
profit from any gaps and sympathy moves?
 
Thanks
Steve<FONT 
size=1>



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