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by jayalpha 2705 days ago
No, because timing.

But if you have a few bucks to spare and want to gamble you could buy far out of the money options for a downturn. VIX gets priced in, don't know how it looks currently.

Or you can gamble with "paper money" at Thinkorswim.

If you see a 25 standard deviation you are either

1. Incredibly lucky

2. Incredibly unlucky

3. Or don't have a standard distribution (but a fat tail distribution or Levi flight or whatever)

1 comments

4. miscalculating