A trader explains how algorithmic systems like Minotaur work and why you should use protective put options as insurance on your profits. Don't rely on options for income unless you know what you're doing.
Make money with options. Options are derivative that protects your asset, right? So the minotaur trading system is working your asset and working off your assets. So that's a good foundation system. And then you can take some of the profits from your algorithm trading and buy protective insurance put options. So insurance is a derivative of something that it's insuring. So just use your put options to protect your algo system or whatever it is you're doing. But I definitely wouldn't be trying to use the options as a primary way to make money unless you're very experienced.
