The longer VIXY is held down, the stronger it generally pops. Good hedge against SPY downturn. Use dollar cost average to pick up a few shares every day or every other day. These turn great profits in short time. Options are also cheap. I recommend monthly's here which give you time for either a pop or a slow 7-10 day run up (plus extra time). I am a buyer of Calls here although you could sell Puts and get the stock cheap if your option fails. Good either way :)
When the recession does happen using VIXY with GDX and SPY (shorts or puts) I believe will turn profits even in down market.
Thank you for liking, commenting, throwing up a chart, following, or viewing. I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts. Disclosure - I am long MARA, GBTC, BTCUSD, GDX, VIXY.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.