Sort of, I buy puts when I'm happy with my profits. Then, I can keep my stock as it goes higher, and I don't lose anything if it crashes.
The higher the stock goes, the more money I make, but I have no downside either. I lose my put money sure... it's a pittance for the insurance.
It's the only smart way to trade
. That info cost me a few hundred grand to learn the hard way. Maybe it will save you some heartache.
The higher the stock goes, the more money I make, but I have no downside either. I lose my put money sure... it's a pittance for the insurance.
It's the only smart way to trade
. That info cost me a few hundred grand to learn the hard way. Maybe it will save you some heartache.