Episode #96: Current Markets – What To Do Now

The Modern Stock & Options Trading Show

In the episode, Russ explains what to do now with a Presidential election about 26 days away. Market indexes are also at or near all-time highs. What do we do?

Russ covers 5 topics on this episode (or five courses of action) including:

1.) Writing covered calls – at higher (sometimes stretched) prices - OTM (out of money) by 3%-5%.

2.) Selling (or writing) cash backed put options (at a strike price that is 95% of today’s stock price).

3.) Tighten up Stop Loss Orders to 4%-5% down from today’s stock prices.

4.) Ride out the volatility in diversified long-term ETF’s &

5.) Go short (by buying long puts) to bet down - the riskiest strategy… but it is a choice. What Russ discusses what he is doing now.

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