My position consist of both the purchase and sale of options at different strikes with the same expiration. It almost always includes shorting...
Good Point Romik! If you really feel there is more upside upon hitting your price target there are many strategies one can use to limit risk...
Take a look at the complete history before you hold these correlations to be true. Maybe even do some regression analysis if you are really...
My advice. Stick to your original price target. Put in a limit sell order at your target price if you have to. Before you step into any...
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