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by JaggerFoo
3050 days ago
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I got a bit lucky. I bought UVXY before the correction as a hedge against a correction. When my stocks were all declining the UVXY soared, which offset the losses I had in stocks. Overall I ended up 2.5% and could have been up 5% if I sold on the worst of it. But it's so volatile you don't know if it will swing up higher. Having a Robinhood account I could not buy options, but I didn't know about the SVXY play anyways. Now I do, but who knows if SVXY will survive. |
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