How to hedge some big tech gains going into the market uncertainty next week

  • 📰 CNBC
  • ⏱ Reading Time:
  • 20 sec. here
  • 11 min. at publisher
  • 📊 Quality Score:
  • News: 42%
  • Publisher: 72%

Exchange-Traded Funds Nouvelles

NASDAQ 100 Index,S&P 500 Index,CBOE Volatility Index

Jeff Kilburg describes a hedge on the VanEck Semiconductor ETF.

Given the uncertainty surrounding the election next week and some mixed mega-cap technology earnings this week, I want to book some 2024 chip stock profits. I want to hedge my exposure by owning put options in the high-flying VanEck Semiconductor ETF . SMH YTD mountain VanEck Semiconductor ETF, YTD Risk can happen fast. The S & P 500 and the Nasdaq 100 suffered their worst days since early September on Thursday on heavy volume. The Cboe Volatility Index jumped above the 23 level.

All opinions expressed by the CNBC Pro contributors are solely their opinions and do not reflect the opinions of CNBC, NBC UNIVERSAL, their parent company or affiliates, and may have been previously disseminated by them on television, radio, internet or another medium. THE ABOVE CONTENT IS SUBJECT TO OUR TERMS AND CONDITIONS AND PRIVACY POLICY .

Click here for the full disclaimer.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

How to trade the jump in oil and energy stocks using optionsJeff Kilburg breaks down a trade in the Energy Select SPDR.
La source: CNBC - 🏆 12. / 72 Lire la suite »