Replies to post #26191 on Options Wonderland

[Threeflight]

With banks it doesnt matter much, once they go bad its all over in a hurry. Next ones were november anyways and they were too expensive imo.

[nlightn]

silverbullet,..still in learning mode with options,...hope you don't mind if i ask you a question?,...

(and actually if anyone else whats to comment i'd appreciate it as i'm learning from the pro's here)

regarding this post:

PNC-turn $500 into $70 K as this could be the next LEH BSC or KEY. Buy the August 37.5 puts.

you answered:

You think those puts are far enough out? August is not giving it much time.

questions,...

1- with 2 months left, why do you sense that the August puts would not be enough time ?

2- could you elaborate as to why 2 months out in this case doesn't seem like enough time ? TIA






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