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GM PUT
If I can easily afford a March GM $2.50 PUT, should I buy it or should I buy 4 shares of RWR. I will take the $67 to $70 off the books and assume it is a total loss until I either sell it or exercise the option. I'm leaning towards the 4 shares of RWR since the put is expensive and real estate is at a low point.
I own a 100 share covered call to expire in September on Ford which I netted about half the Ford put option. I am trying to partially hedge my position in Ford but believe that Ford is a much better company than GM.
Any ideas.
Last edited by aquaswim47; 02-16-09 at 11:23 AM.
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