Subject: Re: Buffett, will he shock most of us ?
If the stock moves lower relatively soon, my options will do much better than your options on a percentage basis.
I don't understand this. I just looked at what our June puts did yesterday (ok, that was up, not down). Your 450 ones: - 47%. My 480/490/495 ones: -47%/-49%/-49%. Practically no difference.
Would you care to elaborate?