Hi all, gonna post a few plays in the comments. I was quite confident about my precious ones but decided to take a different take on these. Trade at your own risk and good luck!

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I personally think travel, cruise, airlines, casinos are good long term puts and I am still holding some of them. Though I have taken profit, I still think they have a while to go before bottoming out. The problem is that their premiums are quite high to enter and unless we see a big bounce as we have seen in the last few days I would personally not purchase them right now but would consider purchasing them on a larger bounce. I think we are on a downward trend in general and I think the virus will continue to hurt travel-related stocks. There are a few stocks that I think have not really felt the impact of the virus yet.

Those include agricultural stock and agriculture machinery stock. The reason I think these stocks will fall for a few reasons. A global pandemic will affect a few things the agriculture industry really needs: shipping of products from foreign countries, demand for the products in the US and abroad, and supply chain with a work freeze. That combined with a general slowdown in the economy will also cause agriculture equipment stock to suffer as well. The demand for food will still be there, but I think the supply chain being slowed down will greatly affect the stocks. Especially with the virus spreading so much. These stocks are long term buys and I suggest diversifying your portfolio between a few of them. I would suggest something like 50% in agriculture and 50% in agriculture machinery.

Timing the buys of the stock is never easy and sometimes you get it wrong and lose some money at the beginning. I would suggest buying these stocks when the market bounces back. You must remember that these are long term positions and will eventually go down. The final suggestion I have is to buy 2+ contracts so when the contracts eventually do go up you can take profit.

Disclaimer: These are risky positions and there is a very good possibility you can lose your money. Please do your own research before buying. I am trying to think outside the box with these and do not recommend going all-in with your portfolio. There is a very real chance that I could be wrong. Trade at your own risk.

Tickers

Agriculture Equipment

CAT – 6/19 100 Put

AGCO 5/15 55 Put

Agriculture

ADM – 6/19 28 Put

FDP – 6/19 22 Put

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I would not buy rn. Market is quite down but I think we will see a bounce Monday Tuesday.

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