Volatility Playbook: Cheap Hedge Protection

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The update on shares of RadioShack tumbling in after hours trading. Also, using options to hedge a long-equity position, with Dan Nathan, Phoenix Partners Group, chief options strategist.

Melissa Lee anchors a fast-paced discussion among four professional Wall Street traders. An hour after the bell Fast Money hosts one of the best trading discussions of the day.

Video © and provided by CNBC.

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