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plan protecting next move liquid index options stop loss

The Plan: Protecting Against the Next Move I'm not saying to sell stocks outright, since that could mean big tax headaches, but we need to guard against sudden drops. Our tip: use liquid index options to set a hard stop loss without selling shares. This way, whether it's a small bounce or a major recovery, you can sleep soundly. Tip: Buy July QQQ 680 Puts (around $16, about 2.3% of QQQ's Friday close). This gives you a safety net if tech weakness spreads to bigger companies. For those hoping for a bounce, this hedge gives you the confidence to add more tech stocks during pullbacks. $QQQ $NDX

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