王老五知道: Never buy puts to "protect" your stocks. If you think your stock positions need protection, that means it is the time to sell them.
-wang-lao-wu(钻石王老五);
2008-5-11(#34447@43)
Exactly, sometimes protective puts are very expensive, cost about 10% of your stock price to protect you 12 month.
-tala(想和mm穿一条裤子);
2008-5-11(#34449@43)
The correct tarde is to sell covered calls to generate some cach when you hold a stock.
-wang-lao-wu(钻石王老五);
2008-5-11(#34453@43)