Decided to bite the bullet. Sold Off 50% of my Estée Lauder shares and take loss of >68%. With current market environment, i do not see how Estée Lauder can go back to my assigned put price of $175. Although I am collecting dividends and selling covered call options, the returns is far too slow. With China tariff going up, and trump insisting on tariffs, the volatility will not end anytime soon. whether k like it or not, Estée Lauder's performance will be hit from China and across the world. in view of that it's better to re-position while I still can, using the market reversal last night
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