Myles on X
I have a lot of negative beta to SOXX which has worked well the last few weeks. I think I'm going to short some $SOXS to hedge a bit of that out.
NYSEARCA
Direxion Daily Semiconductor Bear 3X Shares
SOXS
5 stories
Unknown Market cap
Ian Bezek on X
@esoteric_cap I'm short $soxs (levered chip bear) as well but those longs suffer enough let them have their brief moment of joy this week.
Ian Bezek on X
@valuedrift As someone short both $SOXS and $SOXL this is the dream.
Myles on X
Ahh, I see we are back to selling everything and buying semis. So much fun, I love investing. At least this time I have a small $SOXS short and a $DXYZ long to make me feel a bit better.
Myles on X
Shorting some $SOXS to give myself some AI beta here. Big AI rip leaving the rest of stocks behind is my big underperforming scenario so I want to hedge it out a bit.
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