30: The Zero Cost Way To Protect Stock Gains With Options
The Option Alpha Podcast
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Using a Zero Cost Protection Strategy
The first thing that you have to do is you have to combine two different strategies, ok? So this is a really good way to think about options. In almost every case, you can probably do it for very little cost. And maybe if you don't want to spend any money buying a put option, it might be a better alternative to doing that. The other part of this strategy then is to sell a covered call above the market.
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