That depends on what you are buying, Time is the most powerful
force in the market, and it is the most expensive thing to
buy particularly if your leveraged. The shorter the time period
the more it cost you per day. If you have a longer term out
look that says down, then buy longer term puts, the premium
per day is cheaper, and you have a bigger window to exploit.
I can't play your hand, nor you mine, and neither of us Gresh's,
how ever if I held the cards he posted, I would be selling the
high ones, rolling forward on some cheaper ones, and taking
some profit on the way.
An old saying goes, " Bulls can make money, Bears can make money, but
Pigs get slaughtered."
Jim |
