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Re: jimmy667 post# 193418

Monday, 05/20/2019 12:23:35 PM

Monday, May 20, 2019 12:23:35 PM

Post# of 458298
Well, I guess they are buying the insurance from me then; I still don't buy the short insurance argument entirely - the math may make sense when the strike prices are only fractions of the underlying stock (i.e. RDFN is at 17 and offers strikes at $1 intervals, so the next price up is just 5% above current stock price - not sure that it makes sense when the next strike price up ($5) is 45% above.

EB
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