Direxion Daily Financial Bear 3X Shares (FAZ)

[Porgie Tirebiter]

Either one. It depends on my sentiment for a given day.

Like these ETFs you can't hold long or time decay will take it's toll. But with puts, you put the decay of the ETF itself in your favor. It's just another way to make the slightly slim odds work slightly more in your favor.

With volatility high, puts are expensive. I'm just thinking VIX under 25 might bring some opportunity. Don't really know yet.