Options can be a tricky business, particularly if you're new at it and don't have any guidance. On one hand, some https://moneyandmarkets.com/5-steps-investing-for-beginners/ (investors) find the process of understanding https://moneyandmarkets.com/how-to-trade-options-a-complete-guide/ (options) a little too complicated, but it really isn’t. While we have https://www.youtube.com/watch?v=EL7TxIfkDxU (discussed the myths of options trading) before, this week we take it a step further and talk about the role of options in a long-term portfolio. In this episode, host Matthew Clark sat down with https://banyanhill.com/expert/michael-carr/ (Banyan Hill) Publishing Chartered Market Technician and https://moneyandmarkets.com/author/mcarr/ (M&M Chart of the Day) author Michael https://banyanhill.com/expert/michael-carr/ (Carr). Carr is a veteran of the U.S. Air Force, where he helped install the Pentagon’s first local area network — a version of the modern-day internet — and was involved in deploying state-of-the-art radar systems to track Soviet aircraft near the end of the Cold War. He parlayed that experience to become an internationally recognized Certified Financial Technician and CMT. He also once served as the Editor of the Chartered Market Technicians Association newsletter. Now, he provides solid, time-tested investment information to the readers of his services, including https://banyanhill.com/one-trade/ (One Trade), https://banyanhill.com/peak-velocity-trader/ (Peak Velocity Trader) and https://banyanhill.com/precision-profits/ (Precision Profits). Carr and Clark will discuss the two primary uses of options in a long-term portfolio and how investors can capitalize on those strategies.