Introduction: Surviving in Volatile and Falling Markets
Declining market value in stocks, alarming economic news, chronic housing and credit problems, uncertain oil prices—all these critical conditions that were worse than ever in 2008 and 2009 make the point that you need alternatives to survive in troubling economic times.
There is good news.
The options market is relatively young, but the popularity of options trading has grown exponentially every year since the early 1970s. This has occurred as increasing numbers of investors have realized that options are more than mere speculative tools. They are effective risk hedge instruments, cash generators, and portfolio management tools that virtually anyone can use beneficially. Even if you have ...