### Comment:
Less upfront capital

### REPLY:
But if it goes down (50% chance) you will need that upfront capital anyways.  If it goes up, I suppose you have basically just a call option for free which is neato.  I guess I can see how that might be appealing. 
  
 &amp;#x200B; 
  
 Edit: if the put is worth so much more, wouldn't that be a sign that the stock is expected to drop?

### END.