...if one is so inclined here is a 5 baggar, potentially waiting to happen...
About the same thing can be accomplished with better liquidity by buying the May 107 puts for near a buck....
Speculations, just that....Based on what we have seen the powers that are will not let the stock market fall very far...so its seemingly suicidal to be buying puts.....The leveraged ETFs like QID and SQQQ decay with time....which leads me to think about the SH - short SPY without leverage..for the most prudent downside bet for shorting the SPY which ought to come down with energy and financials....but then might not.....