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Barchart
Rob Isbitts

How I Solved My Fear of High Stock Prices by Creating an Option Collar Trade

Let’s flash back to 1993. I was still hanging on to my 20s and newly married, and I was working on the 97th floor of the World Trade Center in New York City.

In February of that year, a terrorist group tried to bomb the beloved building from the basement. I will never forget waiting to find out what was happening. We could only guess – there were no mobile phones to keep us tapped into real-time updates and news coverage. I was stuck nearly 100 floors up.

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