Given that there's no options on ARU, this the only insurance you can buy.

I don't usually run my mouth before checking facts, but this time I made an assumption, so I thought I'd better check:

http://www.m-x.ca/nego_liste_en.php#...

Sure enough, there are no listed options, but then I asked myself why not? Is the market too thin? Nobody interested? I've traded CBOE options in the past, and there's a formal process for requesting a series, but I'm not sure how it works in Montreal. If we all wrote in and requested say Aug 08 Calls with a $6 strike, would they issue them? And who would take the other side? Anyone know how Montreal works? I'd trade ARU options if I could. Anyone else?

ebear