Another person who obviously doesn't understand the concept. Please re-read the explanation if you need further clarification. Thanks, have a nice day.
P.S. I'm willing to take side bets on the chance that I lose anything (even a tiny little cent) on these puts if your interested. A gentlemen�s $1,000 maybe? Like I said before, another "option" that you might like if your negative is selling naked calls. I wouldn't advise that one though because this things going higher. Actually, since you seem to have trouble understanding this, I recommend you stick with the simple stuff; just buy and sell the stocks themselves or stick with bonds and CD's.
Take care, and let me know if you want that bet. We can figure out a way to guarantee the money if your up to it.