I don't have the strike/expiration yet, but I'll let you know shortly. There's a huge distribution event in HYG even as it tracks the SPX and several other nice signals that this ramp should be used to short in to and I prefer a put in this case.
QQQ Would probably be my second choice and I may even look at a put there.
I do have 3x leveraged shorts like SPXU, SRTY, FAZ and TECS, I would use any of those as well if I didn't already have them as trading positions.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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