The Poor Man’s Covered Put option strategy is a bearish strategy that profits when the underlying asset, attached to the options, decreases in value. The objective of this strategy is to structure the options so that the strategy performs like a short stock position while enjoying limited risk. Traders that have yet to crack the code to trading options, upon finishing this course, will understand options and the power they bring to a portfolio.
Join Eric “The Wolfman” Wilkinson, former Chicago Board of Trade floor trader and 30-year Professional trader, as he explains how traders of a Poor Man’s Covered Put option strategy can use far less capital than the traditional way of shorting stock while being rewarded dollar for dollar on a bearish move! Eric will show traders how to crack the code of trading options and, by the end of this course, most will have a turning point moment in their trading career.