The Advisor’s Option Episode Two: Playing Defense with Protective Puts Options 101: Continuing Education:

• Graduating from the long call to the protective put
• The many uses of protective puts
• Speculative - using leverage to place a bearish bet
• Defensive - a “married put” can limit risk against the downside while maintaining the benefits of a long stock position
• The benefits of protective puts - maintain voting rights, collect dividends, maintain upside potential, limit tax liability
• No free lunch - puts can be expensive
• Finding the sweet spot between buying too much insurance and paying too much time decay
• Put options vs. stop-loss order - which is preferable?

Tricks of the Trade:

• How to introduce the idea of portfolio protection to your clients
• Options are appropriate for every level of risk tolerance
• How to take the emotion out of the advisor/client relationship using options
• Practical tips for implementing puts into your practice

Read more: http://www.theoptionsinsider.com/radio/?id=330#ixzz1n9oBMUh8 The Options Insider: Your Inside Source For Options Information