http://finance.yahoo.com/news/Six-Flags-An...26782.html?.v=1

Care to put that in terms that we can understand? I looked up "put" on Wikipedia and still have no clue what it is

This probably puts it best:

...a put, which is a contract that allows the holder to sell a given stock at a specific price within a designated period of time. Puts and calls are both types of privileges, or options, that add flexibility to the securities market. In return for a put or call, the investor pays a fee to the potential buyer or seller of the stock (the maker), who, in turn, pays a commission to the broker who brought the two parties together....

http://www.infoplease.com/ce6/bus/A0840593.html

^^Ok, so explain butterfly puts now!

http://pnmx.com/Documentation/StrategyExpl..._Put_Spread.htm

It should be noted, however, that such strategies are far beyond the topics normally discussed on this board. I wonder if anyone thought they had to do with Tiger Woods!

fore!!!!

I'm glad someone understands it because it's still a big confusing mess to me

Six Flags stock went up over 50 percent today!