That’s One Big Fish
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During the 35-day bear market we enjoyed earlier this year (remember?) I would often drag out our Options Chatyrts to bemoan how much certain positions had gone up since I had sold them. For obvious reasons, I haven’t had to do that in a while, but I would like to show an important exception: my United Healthcare (UNH) $500 puts, which are worth eightfold what I sold ’em at.
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