Well spidro, what do you think about this one? I'm seriously thinking about getting out of the trading business and into the insurance business. Since most of my clients are long, I sell them a put and wish them well. If they succeed as I hope they do, I sell them another put to protect their increased value. If they take it in the shorts, like a good neighbor I am there until my short put goes in the money. And then I get the hell out of Dodge.(at a loss) And I start looking for new clients in the lower strike district. The whole thing is based on my exhaustive scientific research which states that not all markets can go down all the time. Which should be obvious because if they did, why would anybody ever go long? And I provide the worried trader with complete peace of mind all for the mere price of a cheap put.