Yep - though dates are further out - bought Puts on QQQ dated March ‘22, 3x puts on SPY via SPXS calls and SPXL puts dated Jan ‘22, and direct SPY and QQQ puts dated June ‘22. Larger positions on these.
Minor position puts in US Steel (X), Starbucks, Pfizer, Blackrock, and Crowdstrike. Those are all dated January.
Haven’t done VIX....Made a lot of money buying SPY calls last year when the market tanked and rightly predicted a pretty rapid rebound. Only thing I’m concerned about with my puts is timing....it’s going to happen just a matter of when.
Yeah, that’s the problem with puts & calls.
you can be exactly right about what’s going to collapse or skyrocket, but if you get the timing wrong, it’s like Gene Wilder in the Willy Wonka movie: “You get NOTHING! Good Day SIR!”
I will look at some of the puts you mentioned, myself.
Kicking myself I didn’t arrange to buy some of that Donald Trump tech stock first thing in the morning Monday, when I heard about it Monday night. I probably could’ve made a fair amount by the equivalent of a housing flip :-)