Thanks for sharing - most of us perhaps

already been trapped in with many stks. I trapped by FLVCX from its peak of $36 last Oct to current $27. Also trapped by MOO/DE/Agriculturals and the notorous Citi group. I am not going to sell all of them to raise cash. I don't have cash to add more funds either.

I think a good strategy, maybe, purchasing put option to protect for a sharp downside swing, for example, purchasing Citi's put at strike price of $20 (maybe too low, however it can be reached at anytime in this market). It costs about 25 cent per share.
Don't know if there are index options available. Wont recommend for sale for short - too much risks.
Any other thoughts?

所有跟帖： 

• Buying put on Citi may indeed be a good hedge -street168- ♂ (500 bytes) () 01/21/2008 postreply 15:10:41