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aparsons
on Nov 26, 2020
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Ask HN: Any Day Traders on HN?
With puts your upside is limited right?
marketgod
on Nov 27, 2020
[–]
It is but not that much. It's limited to how far the stock falls. So if you buy a $500 contract when the share price is $95 you can still make $9500. If you had sold puts/calls then your profit is limited to the first sale you made.
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