A diary of the thought process behind my investment decisions
Not much premium in those puts. Is it worth the "event risk"?
Good point, but they work in my portfolio. I am short the September 108 calls as a hedge against my longs. Its hard to think of a case where I would lose more on the short Puts than I would make on the short Calls. Worst case my hedge would not work. Also, they were 30 cents when I sold them.
Also, I would buy at that price in almost any case.
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