NinjaDad
09-10

Another safe bet

Doing a ratio put on IWM or another index

e.g BTO Mar 31, 26 175P x 1

        STO Mar 31, 26 170P x 2

Basically a bear put spread + naked put

In order for me to get hurt, the market have to drop below 165, which has to pass thur the sweet spot  @170

Trading @235 today, market have to drop 30% before losing, unless a gap heading South, otherwise can do adjustment when hit the sweet spot @170 to retain the profit

    

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