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Strategies & Market Trends : Short Selling, Dark Side, Bubble Busting Laboratory -- Ignore unavailable to you. Want to Upgrade?

To: ild who wrote (318)	8/23/2006 2:30:24 PM
From: Perspective	Read Replies (1) \| Respond to of 361

<Poots are very cheap and liquid, so I'm not trying to time it.> I can't get my head around that statement. When you purchase a put, you MUST time it, since the contract is only valid for a specific time frame. I think I know what you're saying, but please elaborate. I'm guesing you're going out on LEAPs, and the premiums must be pretty small. Care to give some examples? Thanks, BC