Friday, April 29, 2011

6 Options to Protect Your Profits

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tdp2664 InvestorPlace Insure Your Gains With Options 7 Overlooked Stocks That Offer Supersized Gains More and more investors are getting those nagging thoughts as the market trades higher — I like my stocks but earnings were so-so; What's going to happen when QE2 ends? Will inflation bring a double-dip? Aren't we due a sell-off? Options trading investors know that options offer great flexibility. Now may be the time to use options as insurance to protect hard won investment gains. Buying a put on your long stock or ETF position can lock in a profitable selling price. And that put insurance can be pretty inexpensive when you consider the thousands you've got riding on the position. Or it may make sense to sell a covered call to gain premium and set a price for selling that one-time winner. Our team of options experts looked at today's market and found six trades using options as insurance. From Amazon (NASDAQ: AMZN ) to Boeing (NYSE: BA ) to Intel (NASDAQ: INTC ), these trades may fit your portfolio or generate ideas on using options to protect your positions. Please click through to find six trades using options as insurance.



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