The following video is part of a special series in which Motley Fool analyst Eric Bleeker and "Options Whiz" Jeff Fischer discuss how to make 2012 the year YOU master the market.

In this edition, Eric and Jeff analyze IPG Photonics. Eric feels that the company has fallen too far relative to its position as the leader in the booming fiber laser market, but is also afraid of potential losses if growth stocks continue to be sold off. To counter this, Jeff offers an options strategy to limit downside while offering attractive gains if IPG rebounds.