Exact(1)
Selling the calls to buy puts is a nice strategy because the puts offer downside protection in case the price of the underlying shares slides lower, while the sale of calls cheapens the price of this protection.
Similar(59)
On Wednesday, Apple's shares slid 3.8 percent.
JPMorgan Chase shares slid 1.2 percent to $40.54.
Its shares slid 72 cents, to $1.35.
Shares slid 17 cents, to $6.18.
In Germany, Hypo Real Estate shares slid 71.1percentt Monday.
Hershey shares slid 11% in after-hours trading, to $99.
Oracle's shares slid 88 cents, or 5.7percentto to $14.52.
In the United States, GlaxoSmithKline shares slid 45 cents, to $53.62.
Homestore shares slid 85 cents, or 12.1percentto to $6.20.
Others in the sector have also seen their shares slide.
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