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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?


To: Kirk © who wrote (3740)1/15/2016 9:12:16 PM
From: robert b furman  Respond to of 26536
 
When fear (vix, sentiment, and trin ) say it is a big selling day - premiums on puts can expand and be like low balling a stock with a GTC stink bid .

The worst that can happen is you keep the money.

If time goes by and time decay occurs (it does) - you can always buy to cover and extend out in time again- for more time premium.

Bob