How is that any dangerous than owning outright stocks? I am sure you can close your call positions any time to free your stocks.
well that's the conundrum. Do you ride the options to expiration to maximize your return on the options or change horses midstream at considerable cost, spread, fees etc, trashing the options, because you are very certain direction is down, way down?
I'm just saying there would be a lot of second guessing.
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