Anyone use SPXS for downside protection? http://www.direxioninvestments.com/...nlaIqLv_PnbYFG_TiUioDYitsHNMbQNRoCKk0QAvD_BwE
These things are gold mines, but not for protection. Just stick with the downside, but only use options (not naked!). Here is a 10 year run of third Friday to third Friday monthly closes. No comment on how to take advantage. I'll leave that up to you. TOTAL MONTHS = 118 DOWN MONTHS = 87 UP MONTHS = 31 %UP MONTHS = 26.27% AVG PCT UP = 11.34 %DOWN MONTHS = 73.73% AVG PCT DN = -8.79 AVG MONTHLY RETURN = -3.50 DROPS >= -8% = 46 MONTHS UP IN A ROW ONE IRUP = 22 TWO IRUP = 3 THREE IRUP = 1 FOUR IRUP = 0 FIVE IRUP = 0 SIX IRUP = 0 SEVEN IRUP = 0 MONTHS DOWN IN A ROW ONE IRDWN = 7 TWO IRDWN = 5 THREE IRDWN = 4 FOUR IRDWN = 3 FIVE IRDWN = 3 SIX IRDWN = 2 SEVEN IRDWN = 1
%% I have traded some of them before; plenty liquid.NICE CHARTS over many years...………………………………………………………………...