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Porgie Tirebiter

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Porgie Tirebiter

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Re: $UPERMAN post# 3843

Thursday, 10/27/2016 8:25:25 PM

Thursday, October 27, 2016 8:25:25 PM

Post# of 11961
I don't think so. Very little I.V. in GE puts, theta outweighs delta in GE.

Now one could buy a short dated put and make bank on daily drops... But what if it drifts higher? A better idea would be to play slot machines in Vegas and get comped free drinks.

GE is an income stock, not a growth stock. Daily price movement is immaterial.

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