doesnt work on how far down, we only work on capturing profit in the trend balance. Aug 10 285 puts yesterday before the close were .45cents, now $2.24, you do the math. reco for today was the Aug 17 287 put which gapped up, there still was some lows to get in and still profit, they closed yesterday at $2.27 now $4.40. concentrate on 35% and get out or use yure judgement.
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