Quote:
Originally Posted by Manhattanboy
Interesting. Have never thought about that kind of “portfolio insurance”.
Nor have I ever purchased options.
I like the idea of spending say $25k to potentially gain $2.5m. When would those kinds of puts typically expire? Thanks.
|
You can buy anything from daily expirations up to 2-3 years out. Longer expirations are much more expensive (and so wouldn't be 100-1 anymore).