Expecting A Sixth Crash

Fred Hickey, the longtime editor of “High-Tech Strategist”, was quoted on Nvidia, Inc. (NASDAQ:NVDA) in The Market Ear on Thursday (“A Legend Expects A Crash In Nvidia Relatively Soon”):

Crash Protection For Nvidia

If you’re long Nvidia, and still bullish on it, here are two ways to hedge in case Hickey is right.

Here’s a closer look at that second hedge, an optimal collar on Nvidia.

Note that the net cost of that hedge is negative, meaning you would have collected a net credit of $250 when opening it.

That hedge was calculated as of Thursday’s close. For an updated one, you can use the Portfolio Armor iPhone app. You can download it by aiming your iPhone camera at the QR code below, or by tapping here if you are reading this on your phone.

And if you would like a heads up next time we place an aggressive trade, like our recent winner on Robinhood Markets, Inc. (NASDAQ:HOOD)

1. Calls on Robinhood Markets (HOOD -0.95%↓). Bought for $1.70 on 11/12/2024; sold (half) for $6 on 11/25/2024. Profit: 253%.

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You can scan for optimal hedges for individual securities, find our current top ten names, and create hedged portfolios on our website. You can also follow Portfolio Armor on X here, or become a free subscriber to our trading Substack using the link below (we’re using that for our occasional emails now).