date:Sep 22, 2013
s on the FTSE 100 due to expire in 3-months time to protect against any further market retreat.
A 'put' option gives the owner the right to sell a specific amount of an asset at a set price within a set time, and generally means the investor expects that asset will go down in price.
Others were more positive.
U.S. bank Citigroup kept an overweight recommendation on UK equities, while JN Financial trader Ed Smyth said the broader backdrop of central bank support for the global economy remained