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Strategies & Market Trends : LastShadow's Position Trading
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To: The Perfect Hedge who wrote (12137)4/7/1999 1:33:00 PM
From: Judy  Read Replies (2) of 43080
 
Glenn,

I plan to hold exds thru the split next week, so I have no immediate target. From a trading perspective, exds needs a few attempts to take out the intraday high of today at 177-178. If it cannot do so, then I'd place a protective stop gain on options positions. But you may very well have closed your position already today.

FYI, I often take profits on an existing short put position and will short puts at a higher strike when I am bullish on a stock.
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