The Long Put Diagonal option strategy is a long(er) term option strategy that profits when the underlying Stock, ETF or Future goes down in value. Generally, this is considered a longer-term strategy that carries less risk, higher probabilities of success and a far better Return on Investment (ROI) than traditional short trades using a Stock, ETF or Future.
I will touch on how to spot swing trades and then go further to explain why one would use the Long Put Diagonal option strategy over the traditional shorting of Stock, ETF or Future. Finally, we will show traders and investors how to quickly spot the best options strategy for any given assumption. Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 25 year professional trader, as he will show you how to spot the best time to use the Long Put Diagonal option strategy.