Jul. 7 at 3:12 AM
I am going to start adding some more inverse positions starting with more
$SOXS that I am finally back to getting near break even after selling calls and
$FNGD which is not widely followed but can be volatile and lucrative. The worst case is my gains in my YM stocks balance the losses in the inverses and the dividends keep flowing. Should we get a bit of a correction, which is overdue, those inverse positions will cover my YM drops. I cannot think of a catalyst to cause the drop and everyone is bullish, puts are cheap as nobody thinks there will ever be a correction as we head to the moon. What could go wrong.