The markets are on edge at the start of the month after a so...
The markets are on edge at the start of the month after a somewhat strong June. The S&P is down, the Dow is down, and the Nasdaq is barely hanging on, the VIX is up and the 10yr treasury yield is at long time support. This is definitely not a time to open many bullish positions. Moreover we have the following events going on this month. If you are looking for a hedge you can do a number of things here. You can sell calls against your shares, buy Vix calls or UVXY shares, buy QQQ, SPY, DIA puts, buy SQQQ, SPXS shares, buy TLT puts. You don't have to hedge if you don't want to but I prefer having a 1% - 5% portfolio hedge in times like these. The period from July to September is usually a choppy period as well, especially since the markets rallied nicely so far in 2021 and most of the reopening has been priced in. Because of this I will be limiting new bullish positions here and I encourage profit taking a lot more frequently on trades and well before expiration of options.
follow for more https://tinyurl.com/SGstonk
$SPDR S&P 500 ETF(SPY.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $Invesco QQQ Trust(QQQ.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Direxion Daily S&P 500 Bear 3X Shares ETF(SPXS.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $S&P 500 Index(.SPX.US$
follow for more https://tinyurl.com/SGstonk
$SPDR S&P 500 ETF(SPY.US$ $CBOE Volatility S&P 500 Index(.VIX.US$ $ProShares Ultra VIX Short-Term Futures ETF(UVXY.US$ $Invesco QQQ Trust(QQQ.US$ $SPDR Dow Jones Industrial Average Trust(DIA.US$ $ProShares UltraPro Short QQQ ETF(SQQQ.US$ $Direxion Daily S&P 500 Bear 3X Shares ETF(SPXS.US$ $iShares 20+ Year Treasury Bond ETF(TLT.US$ $S&P 500 Index(.SPX.US$
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Comment
Sign in to post a comment
Violets : is spy reversing right now? I have puts and because of Vicks and other factors including the chart I held the put but look at it it looks like a reversal? you obviously are very schooled, more than I am so just asking and thank you