Thursday, March 20, 2008

SHORT REAL ESTATE the DIPfolio way! ~ BUY PUTS ~ iShares Dow Jones US Real Estate (ETF) (Public, NYSE:IYR)

The IYR popped today .... 66.83+2.68 (+4.18%)

Have you heard about the "commercial real estate" bubble bursting ... not really, not much, not yet ... you will.

Ben can't save everyone ... can he?

BOTD buys PutsOnThePop!




APR 19, 2008 $ 65.000 PUT (BHWPM)

2.15
-0.50 (-18.87%)

...BUY "puts" on the DIP!

2 comments:

Anonymous said...

bought. IYRPR!!!

Anonymous said...

Bought 10 BHWPO @ 2 on your rec !
Up 33.3% now

Huzzah !!