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| Markets Falling, Volatilities Expanding: Time to Sell Puts |
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| Written by David Neubert | |
| Thursday, 07 June 2007 | |
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With the market falling and volatilities expanding, I was selling puts today on stocks/securities. Yes, I am a contrarian! I sold puts on my safety securities that I wish would fall enough so that I could buy them. These are not speculations, I sold a series of puts on things that have real value and little chance of falling apart. The one thing all three of these instruments have in common is that they are basically pools of fixed income assets. Annaly Capital (NLY - $14.04) IShares Lehman TIPS ETF (TIP - $97.97) Centerplate Inc (CVP - $16.83)
Don't Try this at home disclaimer: I am an expert and options may be for me but they are probably not for you. You can lose way more than your entire investment playing in options. If you play too much in options you can even lose your home, and everything you own. Now who would that be good for?
Exchange Traded Funds 
Options 
TIP 
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written by Steve P , June 12, 2007 Tag it:           | |
| Last Updated ( Thursday, 07 June 2007 ) | |
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I just starting reading your column via Seeking Alpha. Can you recommend a good options site for beginners? I trade through fidelity.com. Do they have good options tools in your opinion or would I be better off using a specialist site?
Thank you,
Steve P.
Laguna Beach, CA