Replies to post #39757 on Options Wonderland

[AAsBrother]

Any PUT means you think it will go lower. A CALL means you think it will go up.

[Market Technician]

They are clearly positioning for a pull back in crude oil prices over the next three months, or sooner. The buyer of a put option estimates that the underlying asset will drop below the exercise price before the expiration date.

[leemalone2k3]

Dave,
This should help. Feel free to ask any questions you may have.
Lee
http://investorshub.advfn.com/boards/board.aspx?board_id=12203

[3xBuBu]

there are several options you can take
if you are expecting PPS is going down in future:
1. buy PUT options - the rights to sell a stock at a given price within a period
2. sell CALL options - the rights to buy a stock at a given price within a period
3. buy a BEAR ETF such as DDG(1x), DUG(2x) or ERY(3x) see #board-14525