I have traded equities for more than three years and forex for around 9 months. I understand that with options you can write an uncovered put so that you have the right to short a stock without owning it. I expect another wave downwards with the banks in the next few weeks, Would writing uncovered put options give me a better opportunity to capitalize on the way down? If not what would the best option or other derivative be? Just to clarify I want to know what the best tool would be to profit from falling bank shares. Regards Seb.