Do I have a link to the info I just laid out? no I dont. You have not heard about what exactly? The ability to purchase put options? Or is this just your new "See Sig" system. Very creative.
The stock is already trading down on the bad news its way late for this. Its been a long time since i messed with puts but I believe your exposure if it goes way up is equal to an uncovered call is it not?
I wouldn't lay down put options just yet. If I were you though, I would hedge your bet and get calls and puts, 66% puts 33% calls to at least attempt to cover your ass.
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