Day 2: Protective Puts

Lesson /35 | Study Time: 45 Min
# Protective Puts

## Strategy Fundamentals
- Insurance concept
- Cost vs benefit analysis
- Implementation timing
- Protection levels

## Setup Process
- Strike selection criteria
- Duration considerations
- Position sizing
- Cost management

## Portfolio Integration
- Individual stocks vs indexes
- Partial portfolio protection
- Rolling protection
- Collar strategy transition

## Risk Management
- Cost reduction techniques
- Rolling considerations
- Alternative protection methods
- Exit timing