Or you can view it as a way to take profits on the underlying stock without the hassle (and tax liability) of selling the stock. At current VIX levels the premium on options is minimal so buying puts is a sensible strategy.
monday update, page-97
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Last
7,889.6 |
Change
72.800(0.93%) |
Mkt cap ! n/a | |||
| Open | High | Low |
| 7,816.8 | 7,902.6 | 7,816.8 |
| XJO (ASX) Chart |