rande- im also anticipating market drop over next couple of weeks, looking at buying puts in issues like jdsu, rmbs, hwp, or bow, any comments or suggestions on good looking short term put plays over the next two weeks? understanding they could be great long term stocks, but if the market corrects, they will tank big time?
thanks
ps already have oex put options, never saw the premium expand as quick as they did late friday, moved much quicker than the market was going down, indicating a lot of people are looking for the market to break down short term, which may be a contrarian indicator, probably the most frustrating move the market could make would be another spike up, then a tank, and you know sometimes the market likes to maximize frustration!! |
