Strategies focused on protecting existing positions (e.g., long stocks) against downside risk.
When your technical analysis or fundamental research points to an upward trend, you can deploy strategies ranging from low-risk to highly leveraged. master 76 option strategies pdf
Sometimes you don't know which direction a stock will move, but you know it will move aggressively (e.g., ahead of earnings, FDA approvals, or macroeconomic data). Strategies focused on protecting existing positions (e