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Strategies & Market Trends : Calls and Puts for Income
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To: Bridge Player who wrote (1061)7/30/2007 9:27:18 AM
From: dealmakr   Read Replies (1) of 5891
 
BP,

There could be an opportunity to maybe reduce the loss on position, by covering the upper end short strikes (10 & 12.5) and writing at a lower strike 7.5 or going out longer in time duration. It all depends if you want to stay in the stock.

regards,

dealmakr
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