Many investors make the mistake of BUYING Put Options to hedge their stocks when the market waves down during a Bull Market.
I made this rookie mistake myself years ago. The problem with hedging is that you will lose money 70%+ of the time when prices do not fall fast enough or rebound back too quickly. You will often lose money on time decay as well. This is precisely why the majority of Hedge Funds underperform the S&P 500 over the long run.
By consistently SELLING PUT OPTIONS (cash secured or credit spreads) during selloffs, I generate consistent profits that turbocharge my portfolio returns.
www.piranhaprofits.com
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