Profit Guard Spreads
By: Chuck Hughes
In this video the Optioneering Team will explore the Profit Guard Strategy for protecting profits for directional stock and option trades.
The Profit Guard Strategy is simple to implement and once it is in place you can forget about the trade. No need to monitor the markets or world events. Bad earnings reports don’t matter. A severe selloff in the underlying stock or ETF actually produces more profits with this technique. You can place the trade and take a vacation!
The recent market correction has triggered a lot of stop loss orders for both stock and option positions. Stop loss orders are necessary if you want practice sound portfolio management. It is essential to exit losing trades before they develop into large losses which can devastate your portfolio.
The Profit Guard Strategy eliminates the need for stop loss orders and allows us to maintain profits during market corrections.
Our portfolio of Profit Guard stock and option trades listed in the table below has $901,135 in open trade profits. The minimum profit for this portfolio is $788,345 regardless of the price movement of the underlying stocks and ETFs. Learn how to set up Profit Guard Spreads to protect profits and at the same time participate in any further market rallies as there is no limit on upside profit potential with Profit Guard spreads.