How many times have you been in a trade and see that trade go against you only to see the market turn around and head back in your favor again? Probably more times than you like to remember.

What if I were to tell you that there is a way to protect yourself, at least partially, if the market turns against you in the short term; would that be of interest? Of course, it would.

I'm going to show you a couple of ways how you can use an option to guard against sudden "big" moves in the market, at least in the short term.