3 ms·

A simpler option is to buy options on the index. You can butterfly the index with calls and puts around your minimum return / maximum loss tolerance.

• onaraft 7y ago
  Which requires a margin trading account, a non-trivial amount of trading experience, a non-trivial amount of capital, constant management, and is highly leveraged. The risk profile is totally different.
• AWildC182 7y ago
  This is the right answer, even if it's a fucking terrible idea.