HIG is like a triple levered upside ETF on the market. After 790 on the S&P, Hartford starts looking better with it's guaranteed investment products tied to stocks.
The April 7.5 calls are 1.05. They are a buy.
Take a look at the triple financial ETF, the FAS, and the July 7.5 calls at $1.15.
That's your financial pairs trade for those that love leverage!