Subject: Re: Approaching 1 Trillion...
Why should nervousness and the eventually resulting selling pressure be a reason to write puts?


Their a reason for people to want to buy puts, as protection, to protect themselves against a further fall in the value of the shares they own, as a sort of floor price. The more people want to buy them, the more they will pay for them, and the higher price I can get for selling them ('writing') this insurance.

dtb