newwurld.
Thanks for the reply, I didn't know what a knockout put was until you posted. Where can you buy those, if at all, look like they are all OTC and maybe institutional?
Also why two knockout puts and not just one?
Thanks again.
Can you create this with a 1-2 yr leap?
no leverage on returns just one for one. seems like a straddle but once stock is down > 25% you begin to start losing 25%+