### Comment:
I’m long 7 Xmonth contracts @17.90 
 Bought 150 P’s @ SP of 14 
  
 Hedging is a good strategy as stated above, 2nd month contracts don’t move as much unless major volatility(I.e tariffs). If it keeps going down your solid with the puts and it generates a better P/L% on the options.  
  
 It’s 50K Margin trade but it always pays. +60K In 5 weeks.

### REPLY:
That sounds awesome mate

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