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[RT] conservative?



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bought   itwo   @52 !/2
sold may 55@xx

bought  feb 50put@xxx

on  Feb 15 will buy may/50 put
buy back  the May 55 call
and sell the   July calls
comments welcome
annual income net   40%
if stck goes up you make money
if it stays the same you collect  calls income
if it goes down  you  get the put  profit plus collect the  call money
no loose situation







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