- Joined
- 7/17/08
- Messages
- 307
- Points
- 38
Hi all
Just wondering if anyone here has purchased put options to bet on a declining stock price for their own investing activities?
If so:
- on what stock exchange
- was the outcome positive or negative
- what maturities did you use / were you able to choose from?
- anything else you wish to add?
Basically, I am looking into taking longer term positions against individual stocks. Shorting appears particularly difficult and/or expensive in the ASX, and CFDs, from the tiny bit I have read, seem to be prohibitively expensive and geared towards short term strategies - hence why I am interested in puts as an alternative.
Cheers
Just wondering if anyone here has purchased put options to bet on a declining stock price for their own investing activities?
If so:
- on what stock exchange
- was the outcome positive or negative
- what maturities did you use / were you able to choose from?
- anything else you wish to add?
Basically, I am looking into taking longer term positions against individual stocks. Shorting appears particularly difficult and/or expensive in the ASX, and CFDs, from the tiny bit I have read, seem to be prohibitively expensive and geared towards short term strategies - hence why I am interested in puts as an alternative.
Cheers