Replies to post #71746 on Zeev's Turnips Patch-No Politics (ZEEV)

[stunjamie]

I think you'll find the answer in the Merrill Lynch "recovery" units, linked to the NDX100 value as at Mar-05. The other side to the put trades is J6P.

[alohamart]

Yes, a Put Ratio Backspread, as any bearish option position, could be used to hedge stock positions...