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.
LO.1
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Related Book For
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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