Recent content by verial

It's like this every year before the xmas vacation.

Unironically call ratio backspreads. You can only lose if the stock stays stagnant; you get unlimited upside; you get downside protection.

The biggest problem now, from a technical standpoint, is that the SPY is likely to face some strong resistance levels as it attempts to push to a new high. This resistance to hitting new highs has been forming for roughly 30 days and is thus a huge hurdle for the SPY at the moment. Mid-term...

I wonder how much more you would have made while hedging risk were you to have used options instead of subjecting yourself to the undeniable downward pressure of leveraged ETFs. Even buying calls on individual semi stocks would have been smarter from a risk/reward perspective.

I haven't backtested this, but I did backtest the inverse (buying the SPY at 3pm every day), which turned out profitable. This seems to run counter to your thesis.