Recently the stock market flushed $4 trillion and most stocks that have a history of being reliable , have been anything but. Options trading when the market is this volatile is very risky and due to higher implied volatility, premiums are much higher. If you have experience and feel confident with it, you can play puts and calls all day and hope your fingers move fast enough. This is definitely not the time to begin options trading if you’re new, but here’s a safer alternative that will allow you to cash in on the insane volatility..

There are numerous directional ETFs that profit from either upside or downside of a particular stock..Since many are down substantially, you may consider getting a bull ETF or if you see that it’s still dropping , get a bear ETF. Here are some of my personal favorites:

TSLZ- Tesla Bear

TSLL- Tesla Bull

NVDU- NVidia Bull

NVDL- NVidia Bull

NVDD- Nvidia Bear

MSFU- Microsoft Bull

MSFD- Microsoft Bear

AAPU- Apple Bull

AAPD- Apple Bear

There are many others to pick from and if you have any questions about any please let me know . I’m happy to help.

Gold is another area you might consider

UGL and GLD have been rising pretty steadily .

Disclaimer : I’m not providing financial advice , just providing information and insights on the stock market  and possible trading strategies. I am not a licensed financial advisor and I am not charging for the information I’m providing.