Calls and Puts for Income Message Board

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Strategies & Market Trends : Calls and Puts for Income

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From: Robohogs	5/23/2012 10:04:28 PM
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Well guys, I messed up again!! I had sold a short strangle on JPM and should have taken the upper part off when the stock got crushed today (for a loss given how strong it moved yesterday). I can never seem to get these things right - now ITM and will likely approach the outer band of the spread used to reduce risk (and profits!). Jon

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