In this clip from today’s edition of The Macro Show, Hedgeye CEO Keith McCullough answers a subscriber’s question on how to size options correctly to augment portfolio positions.

“I’ll never be above 50 basis points for single name options. It’s different because there’s more leverage, so you go smaller,” explains McCullough, as he walks Hedgeye Nation through how he incrementally adds to options positions.

“Be aware of all the uniformed volume out there… You want to be Macro Aware and take advantage of it.”

McCullough: “How I Manage Options” - market brief