Just bought more GE Jan 2016 $13 puts.

They filled the order @ $0.11.   I am tempted to buy more of these given the low price but I have to be disciplined so I limited myself to adding another 100 contracts.

This low price represents faith that nothing, and I mean nothing whatsoever at all, can go wrong between now and 2016.   That is more than a year from now and someone is selling these at 11 cents.  GE doesn't have to go down to $13 for me to make out like a bandit here.  These will easily double or triple at the first smell of any global credit trouble.


All I can say is this is an asymmetrical bet that has very, very high odds of paying off big time.