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Subject:  Buying puts against the Dow Date:  11/12/2007  9:19 AM
Author:  mcgrh Number:  8476 of 11335

Ok, I thought this was going to be a no-brainer, but I'm somewhat confused. I was thinking over the weekend of shorting the DJIA due to all the doom and gloom. I looked into possibly buying the ATM puts a little over a month away and holding it for a few days and see what happens.

I looked up the Dec 2007 130 puts for the diamonds (DIA) and came across 2 variations. One was DAWXZ for 4.15 and the other one was BQQXZ for 3.74.

Why are there 2 variations?
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