How would you structure the hedge I’m trying to do?

That may be the case - haven't look at the rest. But FB, right now has been leading.

 

Short futures + long call = same strike long put. Conversion market.

 

Thank you destrieo. That was very informative and exactly the information I need to noodle on. I appreciate the lesson.

 

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MSFT is a tech leader from 1999/+.
I do stuff with qqq, TQQQ,SQQQ,qld, not near as much decay+ they pay dividends/not that that would be the main reason, dividends.
SQQQ looking good today but i think qqq has put in a MAR bottom.
NOT a prediction/not a revenge trade/LOL.
BUY monday\because of down dips\ tends to work well..........................................