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Strategies & Market Trends : Options
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To: RocketMan who wrote (6366)4/12/2000 5:37:00 PM
From: hivemind  Read Replies (1) of 8096
 
May the fleas of a thousand camels....... ;)

Yeah, in retrospect long puts look real nice. But I remember you mentioned previously that you bought them out of the money?

Wouldn't you get better downside protection with itm puts? I would think you could sell them at a small loss if a recovery started right after purchase?

Guess it depends on the level of protection vs insurance premium you pay

hivemind
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