Market Complacency = High Probability Option Trade

I rarely do directional option plays….they’re exciting for the potential that they can provide in terms of absolute gains, but there are so many things that must go right for you to profit on the trade…this is why I stick to selling options most of the time. However, there is one counter-trend directional option trade that I like, which is to buy put options when they’re cheap and the market is overly complacent. We’re at that point right now, near very strong support levels on the VIX. In today’s video I’ll discuss a potential high-probability, limited-risk trade to take advantage of this. 

 

About the Author Brian Keith

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