Bought JPM Jun 10 puts

I keep wondering why JP Morgan isn't as cheap as BAC and C. Evidently Jim Rogers is wondering the same thing as he's heavily short JPM. The stock does keep making lower highs and lower lows, however. I purchased these puts at what I see as the new lower high. I've bought some time since we seem to be engaged in a pesky cyclical bull within the long term secular bear. Stop losses and conservative position sizing are in place to manage risk.