OT BWAC,
I'm curious how you determine it is worthwhile to buy stock with put protection, where, for example:
if KLAC goes down a lot (>10%), you break even,
if it goes down just a little, you lose
if it goes up a little, you lose
if it goes up a lot, you win, but not as much as if you hadn't bought the puts
I guess, you must think it likeliest that it will go up a lot, but think there is also a significant chance that it may go down a lot? Is that right? Have you used this strategy in the past, and if so, with what results?
Sam |
