How do you get short when the Dow is already down 150 points? With a bearish target that implied 100 more points of additional downside potential, that was the problem we faced at the outset of this tutorial session. A risk-averse solution came in the form of a mechanical trade, the logic of which is explored in great detail. Also covered exhaustively is the use of put options to facilitate our strategy, taking into account option “delta” values and implied volatilities. For webinar grads still unclear on how to execute a mechanical trade, this is the most intensive lesson I have recorded to date on the topic.
