News for hackers. Stuff that matters.

A comment on Oil plummets 30% as OPEC deal failure sparks price war fears. Parent comment

Re:Oil plummets 30% as OPEC deal failure sparks price war fears by quickthrowman on Sunday March 08, 2020 @08:56PM (#22521938)
Buy LEAP calls on QQQ 1+ year out
[ Parent | on HN ]
Re:Oil plummets 30% as OPEC deal failure sparks price war fears by arsome on Sunday March 08, 2020 @09:09PM (#22522015)
QQQ is tech heavy, if you want more general consider SPY or for oil consider XLE or VDE.
[ Parent | on HN ]
Re:Oil plummets 30% as OPEC deal failure sparks price war fears by brobinson on Monday March 09, 2020 @12:11AM (#22522935)
You can also do SPX instead of SPY for the ability to get out at any time under a year at 60% LTCG (section 1256 contracts). Those are expensive contracts, though.
[ Parent | on HN ]