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GreenSmoke352 t1_j6p1qhc wrote on January 31, 2023 at 9:57 PM

Read up on puts you could owe money if your not correct or watching

mertomikron t1_j6p46kl wrote on January 31, 2023 at 10:13 PM

The guy bought puts. The maximum drawdown will be his initial investment. Writing puts/calls is not what he did.

Your are correct goodnlooks on the correction