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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory
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To: ild who wrote (318)8/23/2006 2:30:24 PM
From: Perspective  Read Replies (1) of 361
 
<Poots are very cheap and liquid, so I'm not trying to time it.>

I can't get my head around that statement. When you purchase a put, you MUST time it, since the contract is only valid for a specific time frame.

I think I know what you're saying, but please elaborate. I'm guesing you're going out on LEAPs, and the premiums must be pretty small. Care to give some examples?

Thanks,
BC
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