Market Correction Protection & Volatility Playbook

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Doug Kass, Seabreeze Partners Management, discusses whether it is time for investors to take some profits in long positions and short selected industries. Also, a trade to protect your portfolio in areas where volatility is expanding, with Pete Najarian, OptionMonster.com.

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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