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September 24, 2015 at 10:41 am
#4312
IncomeLab (Old)
Participant
I’m going to remove some NET deltas by buying OTM put 35DTE:
BOT +1 RUT 100 (Weeklys) OCT5 15 1020 PUT @7.60 CBOE
This is a weekly put that expires in 35 days. I’m expecting to lose some $ on this put but if we ‘crash’ again this will help pay for further adjustments