The Amazing Put: The Overlooked Option and Low-Risk Strategies

The Amazing Put: The Overlooked Option and Low-Risk Strategies

Book Details
  • Publication Date : Aug - 2019
  • Author : Michael C. Thomsett
  • ISBN : 9781547417704
  • Format : Softcover
  • Country : United States

With so much emphasis on calls (especially covered calls) many traders overlook the tremendous hedging and profit potential of the put. The Amazing Put demonstrates the many strategies based on the put option, including the risk hedge, a long put (often a long-term, or LEAPS put) that freezes market risk at the put's strike (minus its premium); and the short uncovered put, which has market risk identical to the covered call.

The author methodically lays out the case for using puts wisely, both as a cash generator with low risk, and as a risk hedge to reduce or eliminate market risk in equity positions. Every options trader will benefit from exploring these strategies, and novices will gain a starting point in developing a program to enhance their stock portfolio.