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eagle8

04/20/15 3:43 PM

#33536 RE: HappyLibrarian #33531


It could be a good idea to protect the NWBO portfolio with put options at the end of may. You only pay a small amount for total protection.Take the nearest put option (probably the june options), which are the cheapest, at the nearest price ( of the stock).
And IF we go stratospheric you lose the premium but this will be a penny on the dollar.
Gives a safe feeling, don't you think so ?

Greetings.