Bet against them on Monday and doubled my portfolio in two days. Man I've been waiting for them to dive. I pulled out of my BSC puts prematurely yesterday with a 60% gain. Would have had 200% percent after today. Tomorrow should be fun if you look what happened to the Yen and NIKKEI in the last two days.
Capemen, My experience is that you can rarely time the option prices correctly. If you start thinking "if I only waited, I would have made 40+% more", the next time you buy options, you will mentally want to stay in longer than you probably should..And chances are your options will expire worthless. While you possibly could pass off buying/shorting stocks as an "investment", playing options is really gambling. You're not going to win every hand, and on the hand you want to win on.