They plan to bottle the wine on August 14, 2009 and use the Dow’s closing level to determine your final price.
If the Dow is down between the day of purchase and the day of bottling, you get a $2 discount per bottle for every 100 point drop.
However if it’s up, your price stays $39.
Here’s an example, if you buy the wine when the Dow is 8,800 and then it closes at 7,300 when they bottle, you’d receive a refund of $30 a bottle. However if the Dow is at or above the level it was when you bought the wine, then you've already paid your $39/bottle – it will never go above that.
And in case you’re wondering the wine seller says comparable wines go for $75 and up.
Intrigued? See Jane Wells’ full report. Watch the video above.
Or visit the website bailoutwine.com
Got something to to say? Send us an e-mail at email@example.com and your comment might be posted on the Rapid Recap. If you'd prefer to make a comment but not have it published on our website send those e-mails to firstname.lastname@example.org.
Trader disclosure: On Feb. 6th, 2008, the following stocks and commodities mentioned or intended to be mentioned on CNBC’s Fast Money were owned by the Fast Money traders; Adami Owns (AGU), (BTU), (C), (GS), (INTC), (MSFT), (NUE); Najarian Owns (CAT) Call Spread; Najarian Owns (EEM) Call Spread; Najarian Owns (FCX) & (FCX) Calls; Najarian Owns (GS) Calls; Najarian Owns (MWW) Calls; Najarian Owns (GDX) Call Spread;Najarian Owns (MSFT) & (MSFT) Short Calls; Najarian Owns (MS) & (MS) Short Calls; Najarian Owns (MOS) Call Spread; Karabell Owns (BHP), (CSCO), (FCX), (GE), (JPM), (NVDA), (NOK); Seymour Owns (BAC), (EEM), (FXI), (TM); Seymour's Firm Owns (TKC)
CNBC.com with wires