Wade: if you're right about the DOW and S&P dropping 7% in the next month, it would be super easy to make a huge return by buying index PUTs.
Currently option premiums have gotten a bit more expensive due to increase market volatility. An at the money S&P index PUT costs about 2% going one month out ..... so a 7% drop would yield a 250% gain.
Are you considering buying index PUTs ? A 250% gain in a month is not too shabby if your bearish outlook is correct.
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