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

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.

He instructed Sarah to buy . By buying a put option at a higher strike price and selling one at a lower price, they limited their upfront cost while still positioning to profit from a sharp move lower. "We’re not betting on a total collapse," Elias explained. "We’re betting on the market realizing it overshot the recovery." Strategy 2: Inverse ETFs for the "Laggards" The Second Leg Down: Strategies for Profiting a...

By Friday’s close, the market had set a new yearly low. The exuberant traders from Monday were now liquidated or frozen in fear. Meridian Capital, however, was up 12% on the week. The air in the "War Room" of Meridian