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Strategies & Market Trends : The Covered Calls for Dummies Thread
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To: dbernet who wrote (3007)11/12/2001 10:38:20 AM
From: holland  Read Replies (1) of 5205
 
One question. Why would you hold a stock that you expect to fall $6 without downside protection? You should consider buying a put. You could sell the call to provide the money for the put purchase. This is called a collar. The call would provide protection only up to the loss equal to the price of theyou receive.
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