Started By
Message

re: Stock strategy for a market correction.

Posted on 2/5/21 at 4:36 pm to
Posted by TDFreak
Dodge Charger Aficionado
Member since Dec 2009
7671 posts
Posted on 2/5/21 at 4:36 pm to
UVXY
DOG
SQQQ
SH


Or just sit in cash until the market bottoms & rebounds and get into all the stuff cgrand has already shared (SQ, FSLY, PINS, ROKU, you know...the thing!)
This post was edited on 2/5/21 at 5:15 pm
Posted by Great Plains Tiger
Member since Sep 2005
238 posts
Posted on 2/5/21 at 4:50 pm to
VIX calls
SPY puts
Or just take some $ off the table and wait for good companies to go on sale; much easier than timing.
Before jumping into a leverged etf understand volatility decay.
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41987 posts
Posted on 2/5/21 at 4:52 pm to
I like the ETF symbol TAIL. I have a limit order in for it now at 19.80. It's a more cautious way to play a downturn. Patiently awaiting the correction.......
Posted by KillTheGophers
Member since Jan 2016
6455 posts
Posted on 2/5/21 at 7:34 pm to
IVOL
VXX
Commodities

Ur welcome
Posted by hiltacular
NYC
Member since Jan 2011
19764 posts
Posted on 2/5/21 at 9:29 pm to
quote:

I was just looking for something I could buy now and hang onto that would pay off in a correction

Inverse etfs would prob be your best play. Spxs etc
Posted by Palm Beach Tiger
Orlando, Florida
Member since Jan 2007
29943 posts
Posted on 2/5/21 at 9:46 pm to
Personally I like playing spacs under $11. Eliminates a ton of risk, seems to work well.
Posted by GeneralLee
Member since Aug 2004
13315 posts
Posted on 2/5/21 at 9:48 pm to
You could buy rolling OTM VXX calls as insurance I suppose. If market keeps getting frothier I might start to do this soon. Don’t know how/when this will end but it will get ugly.
Posted by Shamoan
Member since Feb 2019
10004 posts
Posted on 2/5/21 at 9:49 pm to
Balls out until 2-3 weeks after round 3 stimulus drops. From there, head on a swivel
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
37075 posts
Posted on 2/5/21 at 9:53 pm to
quote:

Balls out until 2-3 weeks after round 3 stimulus drops


That’s what I needed to hear. This one coming up is 2 right?
Posted by Shamoan
Member since Feb 2019
10004 posts
Posted on 2/5/21 at 9:58 pm to
Big, small, big...we are on 2 currently. 3 is working it’s way through congress
Posted by OysterPoBoy
City of St. George
Member since Jul 2013
37075 posts
Posted on 2/5/21 at 10:18 pm to
That timeline seems about right. Maybe longer but who knows?
Posted by Volvagia
Fort Worth
Member since Mar 2006
52065 posts
Posted on 2/5/21 at 11:55 pm to
Minimum volatility stocks (SPLV)
Precious metals (SGOL + SLV)
Value focused stock (VIG + SPHD)
Posted by Zilla
Member since Jul 2005
10602 posts
Posted on 2/6/21 at 8:59 am to
quote:

In this market?


I just made 100% on a company with no rev and no product, valued at like 7 billion lol
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 2/6/21 at 10:13 am to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41987 posts
Posted on 2/19/21 at 9:27 am to
quote:

I have a limit order in for it now at 19.80.



This order filled for me today. I'll be sitting tight awaiting the next disaster which I'm sure will be some politically engineered bullshite.
Posted by oklahogjr
Gold Membership
Member since Jan 2010
37163 posts
Posted on 2/19/21 at 12:45 pm to
quote:

Without doing shorts, are there any stocks I could hold that would take off in the event of a correction?


You could in theory buy and hold vix etfs
first pageprev pagePage 2 of 2Next pagelast page
refresh

Back to top
logoFollow TigerDroppings for LSU Football News
Follow us on Twitter, Facebook and Instagram to get the latest updates on LSU Football and Recruiting.

FacebookTwitterInstagram