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Re: A deleted message

Monday, 11/28/2016 11:19:55 AM

Monday, November 28, 2016 11:19:55 AM

Post# of 977
Who buys puts after a drop of 50%?

The whole purpose of buying puts is to protect your principal. I was lucky to have sold at 15 and bought back around 7.15 after the drop.

My concern is that even if i were to buy puts and they drive it down some, the put value will not reflect the downside in stock