sorry if i came a little harsh with my post. Alright, no worries. It would've perhaps made sense to mention that also, verticals alone just didn't make sense to me when one is trying to bet on a bigger fall, that's all. So, did you ? Buy the puts ? And how do you know when down move HAS started and lasts ? Lots of examples when down moves were reversed brutally. as i said in my previous post: "And that's (timing) something you'll never capture successfully constantly long term. Has mostly to do with randomness and is considered just being lucky." So, in short - i can't.
%% Amazing; one lady on NPR finally told the truth. She said you could call it the largest DOW drop; but really on % basis, not much...................................................................................