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Re: SSKILLZ1 post# 400

Friday, 03/08/2013 3:41:00 PM

Friday, March 08, 2013 3:41:00 PM

Post# of 130735
VIX Index is down to 12.75 .... it hasn't been at these levels since 2007. Complacency !

SPY PUTs are accordingly cheap .... have you considered buying any ??? The May "at the money" PUTs cost a mere 2% of the index. A 10% drop in the S&P500 would yield a 400% gain at expiration. Maybe it will be another "Sell in May and go Away" year ?

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