Options plays if there is no year-end market melt-up

Yahoo Finance Video
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Every year, traders eagerly anticipate a Santa Claus rally, where stocks rise heading into the year's end. But what happens if that's not the case this year?

AlphaShark Trading founder and CEO Andrew Keene argues that there "could be some selling pressure between now and the end of the year" given things like the uncertainty surrounding the presidential election. In the video above, Keene gives a strategy using SPDR S&P 500 ETF Trust (SPY) options to help investors protect themselves or "to speculate with a good reward-risk setup."

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This post was written by Stephanie Mikulich.