Vanguard and the AMEX are teaming up to offer options on the 19 Vanguard’s Vipers. This gives investors and institutions the ability to make bets on a variety of asset classes and industry sectors rather than counting on an individual company. Good move. Let’s see if others follow suit.

The opinions and forecasts expressed herein are solely those of Tom Lydon, and may not actually come to pass. Information on this site should not be used or construed as an offer to sell, a solicitation of an offer to buy, or a recommendation for any product.