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put options are one of the few tools that we have in order to bet against this crazy market and it seems like everything is going down recently so right now might be a good time to start buying puts for example if i think that ford stock could go down over the next nine months before their lightning release or when its supposed to be released i could buy a put option and im going to choose a 26 strike price based on the break even my break even for this is going to be 20 and 10 cents so im assuming that ford stock could be below 20 and 10 cents on my expiration date and in the meantime if it drops i could make 58 dollars for every dollar that ford stock comes down so thats about a 10 return and it also works in the other direction to where ford stock goes up by a dollar im gonna lose that same 58 and ultimately if im wrong about this trade and ford is above my 26 dollar strike price on my expiration im going to lose the 590 that i put down for this trade but if ford stock is be