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Mikeca

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Mikeca

Re: Newly2b post# 642110

Friday, 01/15/2010 10:20:56 AM

Friday, January 15, 2010 10:20:56 AM

Post# of 704019
Newly, i understand what you are saying, but for example:

I buy XYZ stock for $20 and write cover option for $2. When XYZ drop to $18 i will buy back my option and sell stock, that way i can minimize my lost. Is it a good strategy?
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