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BlissBull

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BlissBull

Re: mr_cash4 post# 9886

Wednesday, 03/30/2005 11:43:02 AM

Wednesday, March 30, 2005 11:43:02 AM

Post# of 52121
cash - If you want to hedge your 55 calls with a few 60 puts, that would make sense to me. On the other hand, if you are buying as many 55 puts as 60 calls, you will still take a 100% loss if XOM closes between 55 and 60. Why not just buy a few calls? (no big deal)

-Bliss







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