The wonderful thing about options is you can make money when the market goes up, and when the market goes down! A favorite strategy with professional options traders and a great way to make money on a market pull back is to buy puts on the Standard & Poor’s 100 index or OEX. The Standard & Poor’s 100 is an index of 100 stocks which have the largest market capitalization in the S&P500 index. These OEX index put options make you money as the stock market drops, and will serve as “insurance” to offset losses in your long positions. OEX puts allow you to hedge against a broad market decline. We are in a period of increased market volatility and it may be a good strategy is to short the rallies.
Ted’s passion is protecting and growing people’s wealth. He earned a Bachelor of Science degree in Finance from Florida State University and graduated at the top of his MBA class from the University of Miami, where he specialized in International Business. With more than 15 years of experience in the financial industry, Ted was trained in the World Trade Center by Morgan Stanley Dean Witter and seasoned as a stock broker on Wall Street. He also has experience starting and running a successful financial firm. He studied under legendary financial icon Dr. Martin Weiss, and learned the best ways to protect wealth and profit in a bear market while at Weiss Research. Now, Ted is a valuable member of the Investor's Daily Edge staff as financial analyst and editorial contributor. Ted’s expertise is in showing investors how to invest and profit in natural resources, options, bonds, currencies, futures and stocks.
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