### Comment:
Care to elaborate?

### REPLY:
yes, so suppose you bought Apple's call options with 210 strike expiring 5/24. Now what you can do is sell equal number of call options with higher strike say 212.5 but with same expiration. Now what happens is if apple falls your sold option value increases and bought option value decreases and vice a versa, thus approximately maintaining your account to same value.

### END.