Sold 1 Put Bull Ratio Back Spread on DOW
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Sold 1 Put Bull Ratio Back Spread on DOW
On December 02, 2021, I sold 1 bull put ratio back spread option on DOW inc stock with an expiry set in the next 36 days on January 07, 2022. For this trade, I paid a debit of $131.2 (after commissions)
As I'm actually holding 100 shares with DOW inc stock - I decided to establish this ratio back spread as protection from further drop and also to free up…
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