In just a matter of a few weeks, markets transitioned from one of the longest bull runs in history to the quickest bear market ever.
As a matter of fact, the S&P 500 even set a record streak of eight trading days with a closing change of at least 4% — that’s crazy!
In the event that the coronavirus (and fear) continue to cause havoc worldwide, it’s bound that these market conditions will potentially have a negative impact on a particular type of options contract.
If you’re trading or have considered trading options in this market, here’s one costly mistake you might want to avoid making…
The market is in a full-blown coronavirus panic…
But right now is not the time to be scared. In fact, I’m taking advantage of the extreme moves to cash-in on some massive wins.
I call it the Blitz Tracker. It shrinks your exposure by controlling your time spent in the market and regularly delivers powerful 24-hour gains.
Considering the market we’re in right now, I’m not sure if there’s ever been a better time to implement this strategy.