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Strategies & Market Trends : Jim's Nasdaq100 Special as a basket. -- Ignore unavailable to you. Want to Upgrade?


To: James F. Hopkins who wrote (1305)10/11/1999 4:25:00 PM
From: stockycd  Read Replies (3) | Respond to of 2103
 
James,

You can buy waaaaaaay in the money puts. They can sometimes have virtually no premium. The one disadvantage (or advantage as the case may be) is that they don't move 1:1 with the stock. The stock may have to move 2 points for you to get 1 (after the spread, volatility issues, ect)

Regards
Chris