I’ll rarely use qqq as tech is too strong so I’ll hedge w IWM on a non tech and spy with a tech play.
2 week calls are hedged w 1 week index puts. Calls ATM and puts at next technical level below.
HolaMolaBola on
Collar? No bc it caps upside. Ratio backspread? Yes. I had one going into Covid. $700 spread cashed in for $65,000.
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I’ll rarely use qqq as tech is too strong so I’ll hedge w IWM on a non tech and spy with a tech play.
2 week calls are hedged w 1 week index puts. Calls ATM and puts at next technical level below.
Collar? No bc it caps upside. Ratio backspread? Yes. I had one going into Covid. $700 spread cashed in for $65,000.
https://www.fidelity.com/learning-center/investment-products/options/options-strategy-guide/1×2-ratio-volatility-spread-puts
Edit: current hedge is +8 SPX Jan 5150 put and -4 SPX Jan 5350 put..will roll into a new one at 70dte