
28 April 2025 Using Strike Puts as Portfolio Protection
Contents
1. Introduction
2. What is a Put Option?
3. How Buying a Put Protects Your
Portfolio
4. Understanding the Cost of a Put
5. The Role of Volatility (VIX)
6. A Worked Example
7. Advantages of Using Strike Puts
8. Disadvantages to Consider
9. UK Platforms offering options
trading
10. Conclusion
11. Reminder
12. NOTE on the VIX
13. For a lively discussion…14. Glossary
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