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發表於 2012-1-14 23:35:09
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In a down market, cash is not only king, cash is GOD.
Market is so volatile of late, I would just use index ETF option to minimize any massive wipe out.
If I am bullish, I would put on a bull spread, e.g. stock at $50, buy a $50 call and sell a $55 call at the same time;
if I am bearish, I would do the opposite with a bear spread by buying a $50 put and sell a $45 put simultanously.
Only risk what I can afford to risk. |
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