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They say stocks take an escalator up and an elevator down.
In other words, they tend to move quickly when they fall.
You've certainly seen the truth in that old saying this week as stock have taken a plunge.
But if you do your homework, you can be calm and collected while you position for the rebound.
What you don't want to do is try to time the end of the current pullback.
That's hard for even the pros.
Instead, we've got two options trades – call and a put trade – for you that can help you take advantage of the current downturn without taking on too much risk.