I went back a few threads on bullets, there are not a heck of allot in recent months......I am specifically wondering this.....are bullets only a good thing in the scenario of when your trying to get short and no uptick is in sight??? Do any of you trade bullets intraday and go flat at night.....thereby taking a stance where you could either deliver the stock if it falls, making a profit by exercising the put and pocketing the call premium..............or vice versa.............having the stock taken, while pocketing the put.............Or is the bullet something you need all day, as you move in and out of a stock like crazy........ I am guessing that this would greatly depend on 2 things.....how much the bullet cost you to put on per share and how much the stock moves either way....I would be curious to hear which is most applicable for most............... Thanks in advance