If support lines are broken, and one expects the price of the underlying to continue to fall,

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If support lines are broken, and one expects the price of the underlying to continue to fall, a (call) (put) backspread could be placed just

(above) (below) each support level.

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Related Book For  book-img-for-question

Option Spread Strategies Trading Up Down And Sideways Markets

ISBN: B003O2SXRI

1st Edition

Authors: Anthony J Saliba ,Joseph C Corona ,Karen E Johnson

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