| There’s no substitute for experience. That was evident this week in the markets. While most people were confused or frozen, former Wall Street trader Jared Dillian was making money after spending the past few months positioning himself for a week like this one. On Wednesday, Jared told his readers to cover shorts and sell the put options he suggested they buy months ago. Over the course of the day, he received nearly 50 “thank you!” emails from readers who made money this week and this year. Part of his strategy involves using options, but not for speculation. Options are one of those areas where many investors know just enough to get themselves into trouble. They can even prove perilous for seasoned professionals. Jared wants to stop people from shooting themselves in the foot. He believes options (done right), serve a critical function for investors: portfolio insurance. The caveat, of course, is that you really need to know what you’re doing—and be honest with yourself if you don’t. If you fall into the latter camp, Jared has written a fantastic new course for the “options curious” investor. It’s called the Options Masterclass, and I strongly encourage you to check it out here. Learn more about Jared Dillian and his Options Masterclass here: https://www.jareddillianmoney.com/go/JD065AF026/MEC Follow Jared Dillian on X (Twitter) here: https://x.com/dailydirtnap Sign up for Ed D’Agostino’s free newsletter here: https://www.mauldineconomics.com/go/JM563Z5/YTB Follow Ed D’Agostino on LinkedIn: https://www.linkedin.com/in/ed-d-agostino-415475296/ Follow Ed D’Agostino on X (Twitter): https://www.x.com/EdDAgostino Timestamps: 00:00 – Introduction 01:51 – “Tell me a good time to buy.” 04:52 – The risk is the dollar 09:20 – Adding a hedge to your portfolio 13:34 – The right way to use options 18:35 – Robinhood and hedge funds 22:51 – Volatility trades 25:55 – Portfolio insurance |
Each week, investors and financial professionals around the globe turn to John Mauldin to better understand Wall Street, global markets, and the drivers of the world economy. And for good reason. John is a noted financial expert, a New York Times best-selling author, a pioneering online commentator, and the publisher of one of the first publications to provide investors with free, unbiased information and guidance—Thoughts from the Frontline—one of the most widely read investment newsletters in the world.
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