Buying puts on the S&P Index Short

S&P 500 index of US listed sharesFXCM

Description

⋅ Mar 4, 2016 9:08 PM

Bearish instance on the S&P500, SPY.

⋅ Mar 15, 2016 12:43 PM

I still have my puts open.

⋅ Apr 7, 2016 7:40 PM

Buybacks and retail investors held the market up. Good for them I guess.

Comments

BoyPlunger91

⋅ Mar 6, 2016 10:01 AM

Hi Gruber,

Can I please have the stock code you are using to gain short exposure to this.
Are you buying puts on UPRO or something similar?

Ice_

⋅ Mar 6, 2016 4:35 PM

Shorting SPY, the S&P500 Index Exchange Traded Fund.

luc.begnoche

⋅ Mar 6, 2016 6:24 PM

if you are very confident you can also buy SPXU to ultra-short SP500 X3

Ice_

⋅ Mar 7, 2016 6:05 PM

I am leveraged enough with options! There's no need to expose myself to more risk than the premium itself. But I thank your advice my friend.