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Newly2b, how does this increase my profits?

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bkluck   Monday, 01/13/14 04:30:06 PM
Re: Newly2b post# 572
Post # of 623 
Newly2b, how does this increase my profits? Selling the ITM put netted me $155, while selling the OTM call would net me only $20, while capping my upside. Wouldn't I do better by just selling another ITM put? I'll admit to being new to options, so can you provide some detail?

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