streetman@lemmy.world to memes@lemmy.worldEnglish · 3 months agoMillennials surviving their 4th 'once in a lifetime' crashlemmy.worldimagemessage-square85linkfedilinkarrow-up1866
arrow-up1866imageMillennials surviving their 4th 'once in a lifetime' crashlemmy.worldstreetman@lemmy.world to memes@lemmy.worldEnglish · 3 months agomessage-square85linkfedilink
minus-squaregnutrino@programming.devlinkfedilinkEnglisharrow-up4·edit-23 months agoMaybe they’ve just put everything into those 5x short s&p500 ETFs
minus-squarefoggy@lemmy.worldlinkfedilinkarrow-up3·edit-23 months agoNot everything. But yeah, I used them to buffer damage my portfolio would have otherwise taken, and then made aggressive puts against highly volatile stocks like RDDT and DJT. Bought dumb sounding options for pennies, selling them for dollars.
minus-squareUnderpantsWeevil@lemmy.worldlinkfedilinkEnglisharrow-up1·3 months agoI mean, if you were bearish in 2023 I couldn’t really blame you. But shorting is an expensive hobby.
Maybe they’ve just put everything into those 5x short s&p500 ETFs
Not everything. But yeah, I used them to buffer damage my portfolio would have otherwise taken, and then made aggressive puts against highly volatile stocks like RDDT and DJT. Bought dumb sounding options for pennies, selling them for dollars.
I mean, if you were bearish in 2023 I couldn’t really blame you. But shorting is an expensive hobby.