Goldman Says Buy Puts Because U.S. Stocks May Resume Retreat

per the link, article was published on 2/2/09, in the next 30 days sp500 dropped 150 pts, well below their target, making this an excellent call by gs.
 
Quote from pathus21:

What is the point of buying put options if you can just short the underlying or get rid of your length?
Yeah , better still just short the S&P futures , ....its cheaper.
 
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