FWIW, I always buy the S+P stuff. Just the broadest short you have then. Of course if one thinks the tech stuff is overvalued the most it's more prudent to buy the put on the Nas but if I short I wanna short as broad as possible. Just my 2 cents.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.