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Cliffs Natural Resources Inc. Message Board

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  • aabdo aabdo Jan 5, 2011 3:23 PM Flag

    Someone suggests buyng puts to protect a long position. Pls elaborate how that works. Thx.

    Buying a put is a great idea, it is almost like an insurance policy to lock your gains, especially when a stock like this make a big run in a very short period of time.

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