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<p>[QUOTE=&quot;desertgem, post: 1072140, member: 15199&quot;]It does seem complicated, and can get much more so with exotic combinations, but they can help limit risk and loss of most or all of one&#039;s capital <b>if used correctly.</b> I am sure your late husband was using them in some form. There is chance of losing all or most of the capital if they are not correctly utilized. I was not advocating them for general use, but in times of movement uncertainty, they can help. I mainly use them before stock earning reports in case the report is bad enough to cause great loss. It is just insurance one pays for to limit exposure. If the report is good, the cost will be lost in the gains.[/QUOTE]</p><p><br /></p>

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