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Frytown, Iowa | I'm kind of a dummy at options. How would you execute those options if price goes up to $11? What about $12?
And then the other way... if price heads lower to $9? $8
Is there a lose scenario? Since you are canceling out the expensive purchases with the sales do you use short date or regular November option?
A simple walk through of exits would help wrap my mind around it. I've never done anything like that. What is your worst case scenario?
Thanks
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