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Re: DiscoverGold post# 15283

Saturday, 07/07/2018 10:42:53 AM

Saturday, July 07, 2018 10:42:53 AM

Post# of 20609
This trader is actually knows that the stock will be above $12 before August and he is selling those puts and having a floor against the losses with the $11 but once the August expiry happen then the stock getting back to the $11 level as it usually does after every earning report.

I will be buyer of calls of 11.50 or 11 at this level for the August 1 week expiry .

Farooq
This post is for educational and amusement purposes only, and is not to be interpreted as trading advice. Consult your financial adviser before placing any trade.

http://investorshub.advfn.com/boards/board.asp?board_id=4514

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