Try this VIX play. I bought long dated Dec 16 2020 $50 calls. IF the market crashes again this has a huge pay day. It also is dated a long ways which means that my overall risk isn't off the charts and I can get out with minimal loses in case nothing happens. Rolling the dice here. Also TVIX is closing out on the 12th so any other rolls from credit suisse will be coming in next week to offset positions or simply relieve selling pressure.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.