The following video is part of a special series in which Motley Fool analyst Andrew Tonner and "Options Whiz" Alex Pape discuss how to make 2012 the year YOU master the market.

In this edition, Andrew and Alex analyze Alaska Communications Systems Group. Obviously, investing in the stock market carries risk. In this article, part of The Motley Fool's Options Education Month series, Motley Fool Options analyst Alex Pape sits down with fellow Fool Andrew Tonner to talk about one specific strategy designed to profit from a holding he believes may decline.

Neither Alex Pape nor Andrew Tonner owns shares of companies listed above. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.