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Strategies & Market Trends : Tech Stock Options

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To: faqsnlojiks who wrote (58681)4/3/2006 1:45:09 PM
From: sea_biscuit  Read Replies (1) of 58727
 
I am a newbie to options. I have never dealt with them. But now, I want to dip my toes in the waters. For e.g. if I want to put some money on Google long-term (that it will be cut in half over the next 2-3 years), how do I go about it? I know that I have to buy some LEAPs (puts?) on GOOG, but can't understand the details.

Can you or anyone else here explain with an example?

Thanks.
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