Jim Cramer: Here Is How I Feel About Hedging a Stock

Many investors like to hedge their bets on a stock by purchasing put options, or perhaps selling a call option. Jim Cramer, however, takes a different view.
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Many investors like to hedge their bets on a stock by purchasing a put option to protect the downside, or perhaps selling a call option that would cap their upside. TheStreet's Jim Cramer takes a different tack on the issue of hedging, especially when it comes to his Action Alerts Plus Portfolio.