Reported 2 days ago
In an unpredictable market, traders can use options to manage risk effectively. Sean McLaughlin from All Star Charts explains that options allow for structured trades where risks are defined, providing peace of mind during uncertain events like elections or economic reports. By utilizing defined risk options trades, such as bull call spreads, traders can minimize costs while knowing their maximum potential loss. This strategy can help traders remain calm and focused on profitable opportunities.
Source: YAHOO