Portfolio Insurance
$SDOW
DIA 0.00%↑ is lagging SPY 0.00%↑ and QQQ 0.00%↑ in the bids for new highs, and with a heavy earnings week, I’m hedging some of the portfolio with some SDOW 0.00%↑ (3x inverse Dow 30). Index puts are also an option here with vol at such depressed levels. Short term moves which as I’ve talked about before, provide some insurance against liquidating out of positions I’m not yet ready to.