Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Calling it "macro protection trading," Susquehanna's Chris Jacobson is seeing some take...

  • Wednesday, February 13, 10:42 AM ET
    Calling it "macro protection trading," Susquehanna's Chris Jacobson is seeing some take advantage of the low cost of SPY and Russell 2000 (IWM) options to get defensive. Popular is the "put butterfly" which works best in a slow grind lower. He's also seeing "calendar spreads" which protect against a selloff, but then make an owner a buyer if stocks fall too far.
Track new comments on this story

This news story has 2 comments:

  • The puts are cheap for a reason perhaps.
    13 Feb, 10:46 AM Reply Like
  • All time high on the Russell 2000, definitely time to protect yourself. Either buy some puts or TZA is a great bet here.
    14 Feb, 05:08 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)