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Buying puts cannot protect your position. You have 2 choices: 1) Close your position to take profit; or 2) Sell covered calls on your stocks.
wang-lao-wu
(钻石王老五)
Thanks to time decay in options, buying puts will add your cost even the stock drops
(#184@43)
Last Updated: 2007-4-18
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Replies, comments and Discussions:
感觉道指涨得过头了,市场处于超买,想买点put 来保护自己持有的股票, 大家给些建议吧,买DIA 5月份option的put 如何?
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