Options
Whether managing risk or trading, options give you choices -- many of them as these CME Guides show: CME 25 Options Strategies Guide.pdf and CME Futures and Options Strategy Guide.pdf.
Options are one of the most versatile risk management products offered by the CME. These powerful tools can be used to protect against adverse price moves in commodity, interest rate, foreign exchange, and equity markets. Options have become an increasingly popular hedging vehicle, and they are used by corporate treasurers, bankers, farmers, and equity portfolio managers throughout the world.
The table below shows a range of transactions consistent with a given market opinion. As you can see, options provide hedging and trading flexibility and several risk level choices.
Trading options in your own equity account is a fast and effective way to learn how they work ... from covered calls to protective puts and beyond. If you're interested, contact me for general guidance.