It's *really* hard to find something falling today, but Chesapeake is one.CHK at $16.38, down -1.28% today at the moment, with the average S&P 500 stock up 1.56%.I first entered my position in June when the stock was at about $19.04, but I'm in a modest profit position because the puts are so darned juicy.The stock has to keep falling at a rate faster than this for me to lose.Of course, I don't make any money unless and until it stops falling,and I lose money if the rate of decline picks up speeds on trend.Jim
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