To The Moon

The US stocks performed its best month 2022, with the S&P 500 rising by 9.11%,and the Nasdaq soaring by 12.35% for the month of July.Amazon jumped by 10% after its outperform earnings. While Microsoft and Google missed market expectations , but also rose. The situation was the opposite to the previous two earnings seasons.I am bullish on the market. But the daily RSI of SPX has seen a little oversold, and SPX may be stepped back in the short term.If there are profitable stock positions, it is very appropriate to buy some cheap PUTs to hedge. If you want to stop the profit, you can also Sell Covered Call to earn extra premium.Today, I will talk about how to use options to enhance returns and hedge.