Navigating the Volatile Stock Market: Options and Rebalancing Strategies.
As the stock market faces uncertainty, Evercore ISI recommends investors to embrace it and use options to manage both sides of how stocks might proceed this summer. They suggest using the strangle options strategy, which involves holding call and put options with different strike prices but the same expiration dates and underlying assets. Evercore ISI recommends buying the SPX Aug 4,450C/4,200P "strangle" to capitalize on the idea that uncertainty should be embraced this summer, because anything can happen.