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Many thanks. Kind regards, Tom

Tom, I won't trouble you much more but you may wish to contact me via my work email. wilson.tom1@bigpond.com I attach a chart and ask what you would do with say $6,000 ?

So what do you suggest I do with my SPXU1's and what should I buy if I want crash protection ?

Thanks Tom. Your point about Liquidity interests me here. How do you assess liquidity or are you referring to the decay heading towards the Expiration Date ?

I am currently holding SPXU1 Options expiring 1/17/2020. My questions are: 1. What is the difference between SPXU and SPXU1 ? 2. Will the SPXU1's skyrocket when the Market Crashes or the DOW goes to 6000 ? Tom Wilson