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Options Action: Semiconductors

How to protect your position in the semiconductors sector using options, with Brian Stutland, Stutland Equities.

Semiconductors are showing tremendous strength relative to the market making higher lows consistently. Option prices got cheaper today and it makes sense to buy some insurance to protect a portfolio. Glad to pay 2% premium for the next 2 months to buy Nov 29/26 put spread so I can stay long the market. Trading a November spread to get protection through the earnings season.

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