Options Can Help You Weather the Storm

Despite the market's condition, options traders can continue finding opportunities at the stock level, but that doesn't mean we shell out full-price for the stocks or play the risky game of shorting a stock on margin.

At The Winning Edge, our approach remains consistent in that we add put and call options to our recommendations to remain balanced on an overall basis. This way, we can get winners when the market goes up, as well as when it goes down—at a fraction of the cost that buying or shorting a stock would cost.

This approach has yielded a number of winning positions including 91% in Barrick Gold (ABX) puts that soared as ABX slumped and 105 % in Gilead (GILD) calls that reaped the rewards of GILD's positive earnings.

In addition to rolling up our sleeves to find opportunities at the stock level, we are using investor sentiment on any potential positions. The emotional wildcard this analysis detects continues to provide a tangible edge in uncovering opportunities in a market that few are taking notice of.

Expect a few more wild weeks in the market but, while it's easy to panic when you're seeing the Dow dropping 300 points in a matter of minutes, take a moment to remind yourself that when you're an options trader, you have the tools to get through this and profit.

Whether you're brand-new to trading options, or whether you've just started to consider buying puts, or even whether you're looking for a new way to make money while everyone else is taking theirs to the sidelines, we're glad to offer you a way to profit at The Winning Edge. Join us now if you come out on top—and ahead of the game.