Seams the market is in the mood to consider everything a disapointment. So I'm looking for some naked puts on an over-valued NASDAQ or NYSE issue. But from reviewing the Earnings Calendar on Yahoo!, I'm not finding much of anything that looks extremely overvalued here to me. Many of those stocks have already been hit hard already....and there's not many with P/E's over 20 right now.
EBAY would be the one exception, but I know that would be playing with fire.
Anyone have any good ideas?
Shmolton had a nice doosh on SWKS a few days ago, puts on that would have been nice.
"Our houses are such unwieldy property that we are often imprisoned rather than housed in them." - Henry David Thoreau, Walden: Economy, 1854