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Re: TheMonkies post# 202713

Monday, 12/13/2010 4:59:27 PM

Monday, December 13, 2010 4:59:27 PM

Post# of 249114
Monkies, Re: Options to protect downside:

Maybe someone else has a better "option" (Pun intended) but why not write a simple "protected put"? That way you keep an unlimited "upside".

I think Snacks was talking about how low the premium was for Jan 2011 2.50 puts earlier today.

If he's right, the only problem you might have is finding a buyer regardless of the put premium.

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