{"product_id":"stcov322exyo","title":"Stocks \u0026 Commodities V. 32:6 (26-27): Explore Your Options by Tom Gentile","description":"Explore Your Options by Tom Gentile\u003cbr\u003e\u003cbr\u003eFIXING A LOSING STOCK POSITION\u003cbr\u003e\u003cbr\u003eCan I fix a losing stock position with options?\u003cbr\u003e\u003cbr\u003eEvery time the market hands us a few IPOs gone bad, I get asked this question. I answer, Yes, you can, and then the real question comes: Can I fix the losing stock position without adding any extra risk or cost to the position? Now thats a challenge! Challenge accepted, because by using options, you can accomplish all of the questions asked with a simple option strategy that if properly placed, will not cost or add additional risk to the trade. You can also lower your breakeven on the trade, and even turn a profit before the stock makes it back to its original purchase price. Do I have your attention now? Lets take a look at one stock gone wrong this year, Twitter (TWTR).\u003cbr\u003e\u003cbr\u003eTWTR traded its first day between $44 and $50. Since then, it has moved up above $70 a share in December before dropping below $50 recently (Figure 1).","brand":"store-traders-com","offers":[{"title":"Default Title","offer_id":52134060884337,"sku":"V32C06_790GENT","price":2.95,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0900\/3843\/6209\/files\/unnamed_66f226fb-4891-4632-bdb5-3f6dd4ed8f26.jpg?v=1739664524","url":"https:\/\/shop.traders.com\/products\/stcov322exyo","provider":"Stocks \u0026 Commodities","version":"1.0","type":"link"}