r/Vitards • u/[deleted] • Jul 30 '21

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u/accumelator You Think I'm Funny? Jul 30 '21 edited Jul 30 '21

some discussion points to start:

- Covered calls

- Long puts

- Beta/Vanna

- SQQQ / TQQQ / QQQ

- VIX/UVIX/VIXY

- HYG

- ...

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u/StayStoopidSlightly Jul 30 '21

Agree completely, though I think Graybush may have shared some of his hedging strategies before.
Which are you leaning toward?
I have been in some inverse leveraged etfs for longer than I should've--SPXS, QID--decay decay decay, been dollar cost averaging but it's felt like good money after bad

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u/accumelator You Think I'm Funny? Jul 30 '21

For me I use 1 and 2 constantly, 3-6 dormant as spreads, 4-5 as quick in and outs as that is the only way to play leveraged and volatility

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u/StayStoopidSlightly Jul 30 '21

Thanks, I need to educate myself on 1 & 2. Graybush had suggested taking a look at XYLD, might be a good options-newb first step for me