Anyone thinking of shorting the S and P?

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I lost $90k shorting the S&P. Don't fight the money printer.

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Don’t fight the fed

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Me

I did last week. And made a small 25% profit

What do you guys use to short? An inverse or short the actual way

UVXY

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If it goes up 10% will the loss incurred materially impact your finances? That could easily happen with good news on a vaccine.

Have you considered selling in the money covered calls? If it goes down like you predict you collect the premium and it goes unexercised. If not you miss out on potential gains but not all that different than if you had sold now.

Alternatively you could buy puts that pay off if the markets crash and if not you are only out the premium. If you have a short position your loss is uncapped.

I bought a straddle option last week expiring in Oct. I’m betting on pure craziness in the coming months. Don’t feel confident enough to bet against the money printer during election season.

I dabble in SPX puts but I’m not selling my VFINX position to short it.

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