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<p>[QUOTE=&quot;drathbun, post: 1911023, member: 42789&quot;]Bought some put options? I might have the direction wrong, I always have to look it up. Buying a put gives you the right to sell something at a specific price. The more the price goes down, the more money you make. Or something like that...</p><p><br /></p><p>[Edit] Can you do covered calls with PM like you can with stocks?[/QUOTE]</p><p><br /></p>

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