This is a safer setup we use for long-term calls as a hedge to our tech plays. I often like to use traditional assets that perform well during bearish times as hedges but by using calls instead of puts. Since I tend to perform better finding bullish price action, I like to use GLD and sometimes a few dow jones stocks as hedges.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.