Sometimes in a long bull market trend as we’ve been experiencing it is easy to overlook protecting options trades and stock portfolios against downside moves. It is easy to get complacent whenever you see the market shake off any negative news and maybe only with a pause it goes back up, but eventually the market will have a correction it always has.  Of course one of the best ways to protect yourself is to have some protective measures on head of time and not beginning to scramble to protect yourself once the move is in play. In my mind one of the best ways to do this is to consider purchasing long verticals or long calls in the VIX options two to three months out in time. Considering VIX options currently in September or October or even November I think can be attractive. What I like to do is maybe wait for a day whenever the VIX pulls back a bit and then look at buying options at maybe 2 to 3 points out of the money and maybe a few more points out of the money for instance the VIX is at 11, you may want to […]