Important! AGAIN.. HEDGING YOUR POSITIONS.

From GM

Lions.. As I just covered in my MARKETS A LOOK AHEAD VIDEO.. IF you are concerned about current positions, you may consider hedging them with ‘protective puts.’

You do this by buying puts with an expiration say a month out, IN THE MONEY 10% of the overall trade.

For example.

You own out of the money calls on XYZ June 18, 2021 value 10K

You buy in the money …