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To: hivemind who wrote (6367)4/12/2000 6:24:00 PM
From: RocketMan  Read Replies (1) | Respond to of 8096
 
Wouldn't you get better downside protection with itm puts?
Yes, which is why I do have the fleas of a thousand camels all over my portfolio :-) I was too cheap to buy them itm, and am now paying the price, but not as badly as if I had not bought them at all. Actually, some of my puts, such as jdsu and qcom are now itm.