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Hi Fools,

So I'm very new to options and would like to try the third piece of advice:

3. Want to target a lower potential
buy price? You can “sell to open” any
$21 puts, selling one put for every 100
shares you could buy.

How far out should this Put be placed?

Are there other obvious questions that I should be asking before I go ahead with this?

Many thanks,

Lon (proLon)
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