The Power of Puts

qqq chart

Chart by Steven Sarnoff, h/t stockcharts.com

+787% in 2 months on our recommended QQQ put, with an always known and strictly limited risk!

On January 12th, Options Hotline subscribers received my email bulletin headed “Puts for Protection.”  As you can see on my weekly candlestick chart above, the Nasdaq-100 index ETF was heading higher.  I saw signs of a turning period on my daily chart and recommended our readers use the Superleverage power of put options to position for protection and profit.

Techs were trounced again today, but our recommended puts are diligently doing their job.

Triggered 01-13-20 at $4.29, the QQQ March $215 put reached an intrinsic value of $38.06 on 03-12-20, +787% multiplying nearly 9x in 2 months,with an always known and strictly limited risk!

I can’t guarantee that all my recos will multiply like the Qs, but I do promise to do my best to find options winners for you.

Subscribe to Options Hotline today to stay a step ahead of the crowd.

Good luck tomorrow, Friday the 13th, and stay safe.

Best regards,

Steve

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