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by redorb
2046 days ago
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Everyone please be careful buying puts if you're not doing it for insurance against current holdings. If you're buying anywhere outside of the .30 delta and less than 21 days until expiration (even then) you're probably buying a lottery ticket. The average person would be better off buying 10 x $5 scratch off lottery tickets tomorrow and accepting the result... than buying a far out of the money short dated put. |
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