Excerpt from the article:
However, there is a way to guarantee your ability to sell a stock at a set price through a strategy called a “married put.” This is an important strategy to deploy before corporate earnings and other volatile events, which can help you lock in your gains and reduce risk. This process of understanding how to hedge risk using specific criteria is something we emphasize at TheoTrade, where I serve as Chief Market Strategist, and is something any savvy investor would be wise to consider.