Bullet Trade

Buying an in-the-money option so that you can profit...immediately.

Joan likes to keep her options open so that she can make thoughtful decisions. But once a decision is made, she wants what she wants, right away.

When it comes to investing, Joan likes making bullet trades, because they give her the option of waiting for a stock to trade in a favorable direction. But more importantly, it allows her to cash out right away and move onto the next trade. Like a rolling stone, she gathers no moss.