Hypothetical ?

IF YOU KNEW WHEN THE TOP IN THE DOW OR S&P WOULD BE AND KNEW THERE WAS A CORRECTION COMING.
WHAT WOULD THE BEST THING TO TRADE?

 

Buy VIX CAlls
Buy Puts in either SPX or RUT

 

Create a website and post what you see coming and then you can sell a newsletter for years to come pointing to how you have cracked the secret market code.

Buy puts and sell a bunch of calls to finance

 

THANKS FOR THE REPLY.
I was thinking of buying calls and puts in the SPY.
Would I not get more bang for the buck with that?

 

Why would you buy calls if you thought the top was in?

 

CALLS of VIX he meant.. duh !!

 

Again, thanks for the reply.
What I meant was just trading the SPY.
When I think a correction is coming, I would buy puts.
When I feel the correction ended , I would buy calls.
Just staying with the SPY, would that make sense?

 

Really? "I was thinking of buying calls and puts in the SPY."

 

lol.. U truely are a "Jimmy"

 

are you serious?
I'm new to this and if you came to the same conclusion about just buying the SPY