Market Ticker Forums
Detailed market commentary at The Market Ticker and Ticker Classics (The Year 2011 In Review)
Donations accepted; we offer GOLD ACCESS for enhanced privileges. T-Shirts, caps, coffee mugs? Click here.
BlogTalkRadio - Mondays at 3:30 Central - Yes, TickerGuy has a radio show (kinda)
Rss Icon RSS available
MarketTicker Forums Single Post Display (Show in context)
User: Not logged on
Top Login Control Panel FAQ Register Logout
User Info If a big recession is coming (starting), what's your ad; entered at 2007-12-01 18:48:59
Adarak
Posts: 5465
Registered: 2007-07-19
Quote:
Cash advance every credit card you have and buy leap puts with it on anything that looks overvalued.


I'm sure many have thought of this before. What about making it a safer bet and choose, say, 5-10 underlyings, and position in long term strangles? If there is a calamity, the call side will fail. If there is a magical solution, the put side will fail.

Of course, then there is the sideways action, but who believes we will be sideways for the next six months?
2007-12-01 18:48:59