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[QUOTE]Originally posted by SherriT: [QB] OK Chart, we are getting close to EOW - have you placed your trade yet? ;) I'm still trying to muddle through my options book, but I am definately getting more interested. I know we slightly covered this above, but you pay the premium, and you can choose to let the option expire worthless, or you can exercise it and/or sell/cover the stock...does the latter usually save you money over just letting it expire? Also, I'm still learning the stochastic...you said the QQQQs are at the bottom of the stochastic...it looks to me like the Full Stochastic is at the top of its range - why do you call that a bottom? (sorry if that was a dumb question) [/QB][/QUOTE]
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