- CurrencyShares Euro Trust (FXE), which closed at $127.51 on Monday.
- SPDR Euro STOXX 50 (FEZ), which allocates nearly 19% of its asset base to the PIIGS (Portugal, Italy, Ireland, Greece and Spain). FEZ closed at $35.10 on Monday gaining more than 10% over the day.
- iShares MSCI EMU (EZU), which allocates nearly 15.4% of its assets to the PIIGS. EZU gained nearly 10% on Monday closing at $32.52.
- SPDR Barclays Capital International Treasury Bond (BWZ), which allocates 11.8% of its asset base to Italy, 3.5% to Span and 2.2% to Greece. BWZ closed at $34.19 on Monday, adding nearly 1.6%.
NEW YORK ( TheStreet) -- The "nuclear option," or the somewhat last report taken by the European Union and International Monetary Fund to stabilize the euro and the eurozone, opens the possibility of opportunity in certain equities.