Disliked{quote} https://www.tastytrade.com/tt/daily_...5?locale=en-US http://screencast.com/t/P8EFYE6MTD7 the screencast link shows your trade P/L as it changes over time - from today until Mar expiry - the break-even point will run away from you as the puts' value decays. If you think the DJIA is going to be trading lower in March, you could structure a spread trade to capture that move without incurring the higher cost of just buying puts. For instance, you could buy the...Ignored
Spread lower cost and limit your profits, or put you at risk if you sell a naked option.
he, alone, was to blame for his losses in the zero-sum game