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If there ever was a national emergency related to the rise of self-directed investors, the use of option-driven ETF strategies would be it. That “emergency” takes place every day now, in the form of only accounting for a partial range of possible outcomes.
This has become such an issue for me, as someone who really wants to see investors DIY successfully, that I even turned those last four words in the previous paragraph into an acronym: ROPO. As a reminder, I’m talking about the “range of possible outcomes.”