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A cautious way to bet on a bounce in one of the broken ‘Magnificent Seven’ stocks
Finance

A cautious way to bet on a bounce in one of the broken ‘Magnificent Seven’ stocks

October 27, 2023 admin-dominor



To capture elevated options premium while still feeling comfortable in potentially owning the stock, selling a put spread is the prudent approach.



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  • JPMorgan Chase stock slips after bank says CEO Jamie Dimon is selling 1 million shares
  • Ford shares fall 12% after earnings underline worries about costs and EV plans

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