But, you have to keep inmind he already has a $9-10 Strangle on the faz in April contracts, which IMO will pay better and faster then buying puts in the xlf, as the xlf moves slow and has only a $2 swing over the last 6 months vs the FAZ $10 swing. IMO he would be better creating a spread of some sort in his current position vs creating a new one in the same sector..
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