SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bonds, Currencies, Commodities and Index Futures -- Ignore unavailable to you. Want to Upgrade?


To: Patrick Slevin who wrote (9418)2/4/2006 3:37:43 PM
From: GROUND ZERO™  Read Replies (1) | Respond to of 12411
 
I agree with you completely in everything you posted, I would only add that if you're also short the underlying contract, then in a down market, you are fully protected while the Put rises in actual price, while the premiums still continue to erode over time, and that's the name of the game in a covered option situation... it's a beautiful thing...

GZ