Greed Is Foolish

Protection Works

I have a short one here today. Let’s get right into it as time is fleeting.

The Trade Desk Reports Today

This stock has been good to me over the years. I’m long at about $85 a share, and a couple of months later, it’s pushing $130. I’m not greedy and I’m not a fool.

With that in mind, given November options are available, I’ll buy put options close to the money at the close and sell covered call options well above that price point that pays for the long puts. Free protection is a good thing.

It’s that simple. My profit is protected. Back to work.

Lynyrd Skynyrd said it all with “Simple Man”. Making money in these turbulent times is not difficult. Don’t be greedy. There will always be another opportunity that finds you. Remember that especially when times change, and always stick with leaders in their fields. It works.