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 BMC Software. The company has a strong underlying business but is a bit of a turnaround story as it reorganizes its sales division. In the video below, Jeff describes how investors can protect downside while waiting for BMC to complete its sales overhaul.

For more details on how to trade BMC using similar options strategies with as much potential or more, just click here.

You'll be directed to the Motley Fool Options Whiz -- our interactive "Options U" designed to teach you to trade options sensibly, with a minimum of risk, and all the resources of The Motley Fool behind you -- all 100% FREE!

This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service. We’re motley! Questioning an investing thesis -- even one of our own -- helps us all think critically about investing and make decisions that help us become smarter, happier, and richer.