marilyn hughson shows they have succession in place that's fairly seamless. >> thanks for that updatetime for the upside call. we take a look back on previous winners. give you the next move. a couple of weeks back dan made a bearish call on jp morgan stock. shares have fallen about 5%. but he has made seven times and here is how. >> on "options action" it's money in the bank. risk less so we can make more and that is just what dan did on his bearish trade on jp morgan. >> if obama gets elected and i know there is a lot of excitement with romney this week i think he gets elected and air comes out of the stocks. >> just going short. >> you can't engage in risky behavior. that is putting main street at risk. >> the president is right. so to define his risk dan bought the november strike put for $1. now to make money, dan needs jp morgan to fall below that put strike by more than the cost of the trade or below $40 by november expiration. but paying $1? really? >> we have more work to do. >> indeed we do. >> show us how to risk less. >> i sold the october put. >> very presidential, my man