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Baba is at $173

By: Java

The put is now worth $8.  Long way to go to January but so far so good.  Closer is gets to January the worth will fall to 0 and I'll keep the $10,200.  If the value of Baba falls below $160 then I will post my next move here.  It would be to either close this out and sell a new one further in the future or double up on the number I've commited to but at a lower price and thus end up whole.   Anyway for now my initial selling of the puts is safe.  

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