Friday, February 24, 2006

Short, but what variety.

Short, but what variety.
The markets are fully congested and ready for a big move. We believe this the move is going to be a strong down move and will position accordingly. There are lots of options to do this:
Sell Calls
Buy Puts
Combination of the above

1 comment:

moreld said...

Combination April Spiders
132 Call Sold and then 132 put purchased. Put was purchased with two missions, portfolio protection and downside speculation.
Confidence in 132 Call is high.
Put is speculative, with added benefit of protection.