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Editor's note: This was originally published in two parts on RealMoney. It is being republished as one article as a bonus for TheStreet.com readers.
High-Volatility Investing, Part 1: Avoiding High Anxiety in Times of High Volatility
When the market resembles a jar of jumping beans, substituting call options can lower downside risk.
It is a familiar story these days. You have pretty demanding criteria for new positions, but you do some research and find a stock that meets them. Despite your care, the stock tanks. ...
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