4 ms·

Let’s say you believe the prices will recover in a year, what’s the best stock market play to profit?

• quickthrowman 7y ago
  Buy LEAP calls on QQQ 1+ year out
  • arsome 7y ago
    QQQ is tech heavy, if you want more general consider SPY or for oil consider XLE or VDE.
    • brobinson 7y ago
      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.
• tenpies 7y ago
  If you can time it perfectly (e.g. directionality is constant), then UWT or GUSH are 3X crude ETFs. The 3X means you are exposed to decay so the return won't be as good if it goes down then up. This is also assuming either ETF exists come Monday. The rapid drop (>30%) could mean the products are ended. In that case it may be worth getting long-term XOM (or other petroproducer) calls.
• CyanLite4 7y ago
  ETF with ticker symbol “USL”.
  • crusty511 7y ago
    https://etfdb.com/etf/USL/#performance https://etfdb.com/etf/USL/#performance ?