Recently, I went live in our Power Trades University platform because I discovered an incredible put option opportunity...
"Is it REALLY possible to make money when the stock market drops?"
I get asked this question a lot.
And the simple answer is: YES, with put options.
But here's some live action proof.
We sent a text alert to our members
I noticed FB (Facebook) started to fall, and I wanted in on some of that action. And I wanted our members to be able to get in it if they wanted, too.
Here's the keys to success in the stock market:
1. You need to be able to recognize patterns
The reason we were able to take advantage of this downward movement is because we saw a double-top pattern indicated it could continue to drop. When it broke the 200 Moving Day Average, we knew we could grab some cash on the downside.
2. You need to understand options
If you don't know how to trade put options, then you don't know how to make money when the market is volatile or starts to drop.
Myself and some of the members in Power Trades University were able to make some cash only because we already knew how to trade put options.
Once you have these keys, you are ready to take a shot
When we saw the right indicators of movement, we were able to strike immediately.
Personally, I came out with $10,000 in put options just from these few bearish trades.