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transient_dealer
Feb 5, 2021 5:08 PM

Rethinking $IDEX 

Ideanomics, Inc.NASDAQ

Description

THIS IS NOT FINANCIAL ADVICE. TRADE WITH CAUTION.

I am hedging with calls in UVXY and puts in SPY to hedge for the rumored correction in the market (SPY). IDEX has great potential but previous PTS of $7-10 and $10-12 are irrelevant given market conditions (Inflated Dollar)
Comments
nafraidai
What do you mean "after market corrects"?
noboruwatanabe2
@nafraidai, Implying that the market is high right now and it will "correct" itself by going down. This could be the case, however, given the extreme uncertainty in the market right now due to a massive influx of new retail investors, and celebrity tweets about DOGE and BTC, anything could happen. New president in the US, the GME drama, Climate Change issues, all create really choppy waters for people trading in tech and clean energy.
likeabosstrades
thats too LTF
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