Anyone else buying some S&P shorts for the January correction?

Why do you think there will be a January correction?

It's happened the last three years, Jobless claims hit highs this week, no new money is really entering the stock it is simply a merry go round of reallocation, and I think q4 earnings will disappoint.

And from past history, election tend to bump up the stock market from Election Day to inauguration

If the last post is true, wouldn't there be a bull market for the first 1/2 of Jan?

I can say with certainty that the market will either rise, fall or stay flat in January. People who try to time the market are seldom successful, and 85% of people who trade options lose money. If you have gains that you want to protect, then buying S&P puts is one way to do that, but if you just want to speculate on the market having a correction in January, just understand that you are making a speculative bet. That said, if there's an '87 crash in January and you missed buying deep OOM index options, don't blame me!

How are you shorting? Short sell, puts, calls?

Yes I also agree that in January the market will rise fall or stay flat 😌

Won't make money on the sidelines ppl, grow a pair 🤗

I am with you OP. Wish my 401k had more non stock options as we are due for a correction. Not sure what the rationale is for this Trump rally other than a lump and dump to take advantage of expected lower tax rates next year.