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hey everyone welcome back my name is levi woods this is drawbridge finance and today i'm going to be talking about when i might deploy a dynamic hedge now a dynamic hedge is a position that makes money if the stock goes down so what i use it for is for positions when i have significant risk to the downside and i want to reduce some of that risk i'm going to show you the trade i did today on chevron and thanks again as always for joining me remember it helps my channel a ton if you hit that like button down below or better yet leave a comment ask me a question about uh any stock and i will respond i like to respond to all my comments so thank you so much for joining me today now if we take a look at seeking alpha this is one of the services i use you can see that it's got a strong buy rating and why i might want to own this stock it's a highly profitable company but one of the problems right now is evaluation the valuation is actually a little bit high now in my particular case this mo...