The Second Leg Down: Strategies For Profiting A... Online

Elias pointed to a major tech conglomerate whose stock had surged 15% in the relief rally despite declining earnings. "Look at the volatility. It’s cheap right now because everyone thinks the worst is over."

The air in the "War Room" of Meridian Capital was thick with the smell of burnt espresso and quiet desperation. It was October, and the market had just spent three weeks teasing a recovery. The pundits on TV were calling it a "V-shaped bottom," but Elias Thorne, a veteran short-seller, wasn't buying the optimism. The Second Leg Down: Strategies for Profiting a...

"No," Elias said, leaning back. "Indiscriminate shorting is how you get run over. When the second leg starts, you need a scalpel, not a sledgehammer." Strategy 1: The Tactical Put Spread Elias pointed to a major tech conglomerate whose

"Profiting from a crash isn't just about the way down," he told Sarah as he triggered a buy order for . "In the second leg, investors flee to quality. We want to be where the money is running to , not just where it’s running from ." The Aftermath It was October, and the market had just