Vacation-Proofing Your Portfolio
Option Sage Submits:  When driving a car and some object appears on the road ahead do you usually run right over it or do your best to avoid it?    Don’t we all take action in real-life based on the new information we receive that changes the old paradigm?    Take the first two guys in  this video :    Who would you rather be, the first or the second guy?    While the second gentleman reacts and looks ridiculous in so doing, he’s the guy that is more likely to survive when real disaster hits because he’s reacting to new information.    In fact he doesn’t even know what’s making everyone else react, he just knows that when 99% are moving one way in panic, it’s best not to fight the crowd or he will be trampled.    It’s no different in the market.    Pride, ego and old theses have no place when new information directly contradicts an existing trade . This week, we used DIA and QQQ puts and calls to " react " to quick changes in the market while we waited for better information before making more permanent changes in our positions.  This gave us the benefit of the …
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