
Options Trading for Macro Investors | Imran Lakha
Forward Guidance
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How to Cheapen Your Puts
The idea just in simplest terms is like the puts too expensive, right? So that's why you're going to a put spread because you're saying, well, I'll buy a put but I'll sell a put behind it with a lower strike. You say, what's a realistic sell off? How much might it go down? And once it's down 20%, I don't mind my protection kind of ending there.
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