Puts as Hedge against Real Estate Decline

[squiffy]

What stocks did your parents invest in? Did they have Price Earnings ratios of 200 or 300??

[Emperor]

Nah they had "real low risk investments" like Lucent, Worldcom, SBC, Enron, etc,etc...

[cwsiggy]

I imagine there has to be some sort of put credit spread to exploit with the homebuilder stocks due to the inflated prices of the puts, but then again I'm sure all of Wall Street is aware of this...