Something my brother came up with that seems interesting. Ticker isn’t important or the length of trade or the strikes. The point of the exercise is the curve on the graph during an implosion. Adding disaster puts only adds a few pennies to weekly sales required on these 2020 positions while practically eliminating long term downside risk. This example is FAS buying LEAPS slightly ITM and disaster puts 20 percent below the current stock price.

You can play with the numbers and strikes to get a suitable position. I’m kinda liking the disaster puts idea though…

#pietrades