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Calls on SPY, puts on Tesla.

• JumpCrisscross 1y ago
  You're exposing yourself to tracking error every time the index rebalances. If you want to show it to the man, just go to a protest while buying a cheap index fund.
  • arrosenberg 1y ago
    I don't personally care enough, I made my point years ago when I bought my EV from a different manufacturer.
    • JumpCrisscross 1y ago
      Not super relevant. The point is using puts to hedge out Tesla is a bad way to buy the market ex Tesla.
      • arrosenberg 1y ago
        If you want to buy the market and bet against Tesla, it's actually a great way. It may not be the most profitable, but that's never been the point doing something out of protest or spite.
        • JumpCrisscross 1y ago
          > If you want to buy the market and bet against Tesla, it's actually a great way Nope. Certainly not in the long term. You’re better off direct indexing. If you don’t have enough money to direct index, you’re wasting money.
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          • arrosenberg 1y ago
            I'm not wasting any money, because I don't personally care enough to follow this strategy. Thanks for the info though.