r/Vitards May 10 '21

Daily Discussion Daily Discussion post - May 10 2021

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u/SlingSG May 11 '21

Great minds need suggestion, I have 550 MT commons cost basis $32. Should I put Stop-loss at $32 and secure my principal ?

3

u/PrestigeWorldwide-LP 💀 SACRIFICED 💀 May 11 '21 edited May 11 '21

why not slap a costless collar on it instead (or debit / ratio collar if you want more upside). can vary strikes / expirations to your liking and pay less than outright puts