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smn

Take an SMN Vertical for a Hedge

January 5, 2009 By Steven Place

Let's go out there and chuck some ultrashort etf hand grenades. If you need a hedge, you can pick up the Feb 2009 35/40 Call spread for about 1.25. It may be hard to get filled so there's going to be some slippage there. But you're risking 125 to gain 375 with a max gain

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