back to @OptionsOptionsOptions options post on page 1
rather than complicate things ... if you are sure your holdings will drop, why not sell...
have you looked at long 5 mths out calendar spread puts buying an ITM say $30 strike) selling week over week puts ATM
if you get assigned you pay...
absolutely not and this is the reason why
but, but ... if you can time the pop & drops, go right ahead
OP morbid response fitting - 6ft under 'knowing where you are', or 'toasted' to ashes ' is where you have been known to be at one time ... safe'sh...
@Ken, I did a comparison of the leveraged & inverse pairs
@Ken, thanks for sharing ^^^ I like this .... more homework
have you also looked at FNGD
EDIT: worth mentioning...
^^^ yes it does, well at least for me the 74 year old retired senior.
taking SPY, before the shit hit the fan when it bottomed at ~$69 on 2 March...
a comparison last 10 years
$10,000 investment buy & hold, ride the wave
SPY zero stock splits
lets get to the facts comparing TQQQ against QLD
QLD 1st day trading Dec 1, 2004 opened at $45.28, closed 1st day at $45.38 on 2,037,500 shares...
unless you were out at $5.79, you got stung
with ^VIX ... what goes up (eventually) comes down - ride the wave.
at last today $17, its too pricey
at $30 its put time
with UVXY over time...
YOLO/HODL...a thrill of a lifetime, its all in the stock splits
answering the OP question
on that point, from here .... found in a blog/forum...
OP, lets suppose you do weekly options, those option trades you mentioned ... credit spreads.
starting slow, least aggressive, work the number to...
why have you chosen to doing risky single leg or diagonals?
have you/are you doing simultaneous weekly OTM vertical spreads on both call & put?
it is said that anyone that walks into a RR dealership and asks the price 'they cannot afford it'
$500,000 should get you a decent used one...
speaking as a 74 year old senior, I'm impressed
way to go ... well done, keep it up, find what works best for you with minimum risk & as a...
are you/will you outperform in 2021?
keep posting weekly YTD net after commissions
the table below the graph in the following link...
Separate names with a comma.