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Old 10-09-2014, 11:15 AM   #1

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Thoughts?

Hello Gurus,

I bought 10 SPY PUT contracts of Oct 14 (expiring in 8 days) for $1.48 yesterday. The market moved the opposite direction and I've been in the red since down 650+)

Any suggestions/thoughts on how to minimize the incurred loss at this point?

-TIA
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