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If you want charts better than stockcharts' charts then try our charts. advisor directly. For an example of calculating bond returns see the Appendix.

Thanks Scott for the info. If we didnt trade the engulfing pattern then it may be better to wait for profit taking retracement and enter with smaller risk.

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If all other factors remain constant, an option will lose value as the expiration date nears because the time-based value -- the speculative value -- of kption call or put erodes as the possible price scenarios at or before expiry for the index or stock in question narrow.

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