In today's complex trading environment, people are quick to dismiss simple solutions. They are often labelled as "too simple" and thus deemed not worthy.
Most traders are always looking for the newest indicators, programs, and algorithms that promise automatic success.
But of course, the fancy stuff doesn't stick.
Consider this "simple" strategy:
In the past 20 years, Becton Dickinson (BDX) has traded up all 20 years between October 25 and January 18.
On average, the stock moves up 8.85% each year during this period.
However, using options can potentially turn this 8.85% move into 100%+ ROI each year during this period.
Imagine doing this on hundreds of stocks with this similar pattern.
