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Buying Swing: March 13 DDD 29 puts as a hedge against my le

Posted: Wed Feb 25, 2015 3:21 pm
by ctinvestor
Buying Swing: March 13 DDD 29 puts as a hedge against my leaps bought last week in the event it gets some downward continuation back to 27.50 area, or even a breakdown. I won't buy a short leg since the spreads are cheap enough and would don't want to be at the mercy of a short leg holding me back from selling should premiums further inflate