By Jeff Clark in Growth Stock Wire:

Next Friday, March 20, is option-expiration day. All March put and call option contracts expire on that day.

If you believe, as I do, the rally that began on Tuesday will continue for at least a few more days, then there's a ton of money to be made. But you won't make it by betting on the upside. You need to bet against the downside.

Let me explain...

Option premiums are huge right now. Anyone buying calls and betting on the upside needs to see their stocks rally by 5%-10% over the next week in order to profit on their trades. While that's possible, it's a low-odds bet.

Betting against the downside makes more sense. In other words, I'm more inclined to sell put options than to buy call options.

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