Re: si. puts/Lee
Hi Lee...
Since we seem to be very close to a parabolic top, I like the options that are short termed...(except for May which expires Tue. lol!) So July puts...I picked up a 35 put for .29 Early Thur. I think we could easily test support at $25 in a month or so! Do the math on that profit...
But what Im really looking forward to is purchasing a few way-out-of-the-money June puts right before the Fed. announcement...and seeing what unfolds...
Hope that helps...
Cheers!