Suggestion by 22.214.171.124 on 2009-05-13 20:45:02
It is entirely possible I am misunderstanding this article, but in the third paragraph, second sentence, it suggests "writing a put option with a price of $95". Writing an option is the same as selling an option, isn't it? (Forgive my ignorance) So if the underlying asset price drops, the investor's downside is unlimited. Did the author mean to say "buy a put option", which would seem to make more sense to me.
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