Right. Absolutely. I'm not fishing for advice, I'm just trying to get my head around options strategies. Using real-ish numbers makes it easier to...
Ah, okay. So let's say I've bought DDD at $40, and it's now at $54. You're saying buy the $40 put at this level to protect my gain?
Good points. Thank you.
Does this make sense as a strategy: Let's say I own DDD, bought 100s at $40. I like the stock, don't want to part with it, think it'll see $100...
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