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There is an old saying, Cash is king. That is always important but even more so during times of uncertainty. Investors and traders dont wait for the bad news to hit before retreating to cash, and they often come back on board later than they should. But in this session, Bob Lang will discuss how to deflect the volatility and create a situation where you can thrive in these times and be ready to catch the big winners that could last for years.
Bob Lang is a private trader in equity and option markets at his company, Aztec Capital LLC. Through Explosive Options, he acts as an options trading mentor, providing trade ideas based on what he's doing for his own clients. Mr. Lang's focus is on building strong, long-term relationships with his subscribers and making options trading for income more accessible. Using his technical expertise and a direct, hands-on approach, he provides time-sensitive trading information in real-time. Mr. Lang is also co-manager of the action alerts plus portfolio for thestreet.com. Mr. Lang serves as one of Jim Cramer's go-to technical experts on Mad Money and regularly contributes to realmoney.com. Previously, he managed a $300 million pension and 401(k) plan for a Southern California cooperative. In early 2000, Mr. Lang launched Aztec Partners, a hedge fund for private and institutional clients, which was a top-performing fund that year relative to its peer group. In 2002, he worked with floor traders in the active bond-trading group of Countrywide Capital Markets, and in 2011, he launched Explosive Options.
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