I'm long a few stocks and several gold/silver miners. o
protect those positions, I'm thinking about placing a conditional
order for SDS and DUST about 2% above where they're trading around
1:50pm. My thinking is they will only trigger if there's a
rate hike, otherwise they'll go unfilled.
Anyone contemplating a hedge to protect long positions prior to the Fed statement at 2:00pm?
Posted by RichieD on 21st of Sep 2016 at 01:07 pm
I'm long a few stocks and several gold/silver miners. o protect those positions, I'm thinking about placing a conditional order for SDS and DUST about 2% above where they're trading around 1:50pm. My thinking is they will only trigger if there's a rate hike, otherwise they'll go unfilled.
Foolish or sensible?
you can trade NUGT or
Posted by matt on 21st of Sep 2016 at 01:59 pm
you can trade NUGT or DUST as day trade etc, but be warned the action is wild after the FOMC
Chose to sit tight
Posted by RichieD on 21st of Sep 2016 at 02:06 pm
I really dislike hedging, anyway.
Foolish - I hedged my
Posted by jdaswani on 21st of Sep 2016 at 01:11 pm
Foolish - I hedged my self by 50% BY SHORTING SPY. Almost expecting to lose money.
Fed days article
Posted by sschulman on 21st of Sep 2016 at 01:46 pm
Fed days article