Lions and friends.
This is a subject I have discussed several times and even written about over the years.
I would like to cover this here again for you briefly, with the current environment.
A protective put is a risk-management type of strategy using put options. Buying Puts alone is bearish strategy. A protective put can be used when an investor remains bullish on a particular stock and wishes to hedge against potential losses. A protective put attempts to keep downside losses limited, while preserving unlimited potential gains to the upside.
If you are interested about learning more on how to set Protective Puts up, click here: https://www.fidelity.com/learning-center/investment-products/options/options-strategy-guide/protective-put
GM
Thanks for the info
Best thing you have ever thought me. Took me a while to figure it out and I lost a lot of money before I started using correctly! Thank you