I think right now FAS puts offer nice leverage for those heavily short. I picked up fas puts for 20 cents a piece(9 strike). If the market turns it should be quick and hard. fas could move HUGE. Bank stocks double and fas is up a 3 bagger. I think bank stocks could triple very fast, IF, we get a surprise turn up.
Great hedge for those short.....
Started by
cgnx
, Mar 10 2009 07:56 AM
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#1
cgnx
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Posted 10 March 2009 - 07:56 AM
If it can be cornered, it will.
