NYSE:X   UNITED STATES STL CORP NEW
So this trade, many traders are in since $17 / 18 ish             from a put sale. At this point, getting into a collar. Would not cry about getting exercised at $23.
That would be about 30% gain.

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Update on collar. Made 100% ROI on the protective put. Figured, why not exit and just buy another one with more time, lower..?
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Second update. So far, WRECKING this collar. Locked in gains on 2 protective puts.
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