7 Comments
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Mark Treat's avatar

Hey John, up 30% this year on the put options strategy you taught me ... Thank you. Hope to see you soon!

Tim Felmingham's avatar

I like this idea, I need to act on it. Particularly in times of volatility, like when there’s a war or, or mid-term elections coming up — like now! I’ve always been pretty much fully invested, but lately I keep seeing these bargains coming up…

dp755's avatar

Thanks guys, you're one of the best investments I've ever made ! I've been quite concerned about this very issue in the last few months ..... especially.

Loic's avatar

Thanks for sharing , always good to remember the basics

LEE KIPNGETICH SANG's avatar

Keep some cash, it’s optionality when markets wobble: you can buy quality at lower prices, cover margin calls without panic selling, and scale into positions on your terms. I tell clients to set a simple rule for deploying that cash, for example a fixed percentage on a defined market drop, and to practice the execution in a demo so you’re not learning under pressure. Emotion usually gets in the way, so stick to the plan. When you act, pick a platform that won’t slow you down; I’ve found Afterprime https://afterprime.com/ often checks those practical boxes, with tight spreads, quick fills, and straightforward risk tools, so it’s a useful benchmark when you’re comparing options. Treat cash as a strategic tool, not a default position. This is educational, not personal financial advice.

AP Research's avatar

Good advise! After experiencing the option value of cash instruments just after and during a panic selloff and the resulting gains one worries much less about the nickels in front of the steamrollers. Good credit and long-term positive relationships with sound leading institutions also highly recommended.

Jay Bremyer's avatar

Good advice, well put.