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Post# of 47106
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Toofuzzy

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Toofuzzy

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Re: SFSecurity post# 42012

Thursday, 05/11/2017 7:56:42 AM

Thursday, May 11, 2017 7:56:42 AM

Post# of 47106
HI Allan

That was my first suggestion to Ray. But you don't want to sell too far out of the money or the premium does not equal a big enough return on the cash you have to have in the account.

By the way you want 100% cash coverage on the PUTS or your broker will charge you interest even though you are not borrowing the money till it is put to you. Quite the rip off if you ask me.I fell in to that recently which will be resolved on the 19th of this month when one out of money put expires.

Toofuzzy

Take the road less traveled. It will make all the difference.

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