I don't get it. If you're not intending to sell for 5-10 years and you think the SP is going to $10k by then -- what exactly needs protecting??
Solid point. Guess I am being greedy. Want to know how to do something other than just ride the roller coaster.
So the only way in the end is to trade in and out expertly and somehow do better after paying half in taxes. Or trade expertly into the puts as the temporary slide occurs. And actually exit in timely fashion. Either way not very likely.
Maybe I should buy more? Funny, 1000 was my cutoff for buying but now that just looks remarkably dumb. Gotta love the stock market....
All is good. Thanks for response.