Dow Options

[heech]

Quote from Scalper007:

Thanks for your replies fellas.

Jun10 puts on dia is one option.

How do I "sell the index outright"?

By the way, I have no idea how to do a bear spread...How about a detailed example?

Thanks a lot.

They mean selling the index future. Symbol YM traded at the CME, for example. Or one of the ETFs, I guess.

But it sounds like you don't really want that. Buying an option limits your potential losses (to the amount you pay), whereas selling the future doesn't.