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Consider using options strategies like spreads and straddles to diversify your portfolio from "summary" of How I Made BIG Money Trading Stock Options by Carl Schoner
Options strategies like spreads and straddles can be valuable tools for diversifying your portfolio. By incorporating these strategies into your trading approach, you can potentially reduce risk and enhance your overall investment returns. One common options strategy is known as a spread, which involves buying and selling options on the same underlying security but with different strike prices or expiration dates. This approach can help you capitalize on market trends while minimizing potential losses. For example, a bull call spread involves buying a call option at a lower strike price and selling a call option at a higher strike price. This strat...Similar Posts
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