re: mhk Fed,
Well yes and no. That is why we have an options market. I would not say it is gambling, it no worse than going to the Casino and throwing $5k on the tables. You can lose that in 5 mins. That option series has 24 days to run, so there would some chance the trader might at least get something back if the trade went against them.
To gain that exposure to RIN in FPO's you need $401K, and that is a lot of funds. If the trader is a private trader then not people have access to a spare $401k, but $5K, well that is a bit easier.
The risk is you lose all $5k, but that is what options is all about. You know the downside. Heck you can lose $5k on FPO's in any one day.
Cheers Fed
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