An Interesting and Inexpensive Hedge Against Downside Risk

Dividend Investing, Trade of the Week

Hedging against a big stock selloff can be expensive when using options. One way to reduce the cost is by using options spreads. A more complex spread that can be useful in this situation is a put butterfly. A strategist bought over 20,000 put butterflies in SPDR S&P 500 ETF (SPY) that expire at the end of November. The position can pay off if the market drops about 20%, which is why this is likely a cheap hedge against an unknown event.  

A new way to add $5,900/month to your retirement

If you’re not doing this in your portfolio right now…

You could be missing out on $5,900 per month in retirement.

I’m not referring to some new dividend strategy…

And this does NOT involve forex or anything complicated or risky like that.

But this “Recession-proof” strategy can generate up to $5,900 per month… in up markets… down markets… and anything in between.

Click here to learn how to collect up to $5,900/month.