2024-06-26 10:31:14 ET
Summary
- Graniteshares 2x Short NVDA Daily ETF allows investors to take a short position on Nvidia shares in tax-deferred IRA and 401-k accounts.
- The NVD ETF has outlined gains during periods of sharp decline in Nvidia's stock price, but its long-term performance has been poor.
- Investors should approach this ETF with caution, as it is a high-risk, short-term instrument for speculating on a significant decline in Nvidia's stock quote.
Regular readers know I feel Nvidia Corporation ( NVDA ) is in a bubble, with intense competition (new semiconductor inventions at lower prices) set to destroy its profit margins first, and perhaps even sales over time in the AI-chip space. So, if you want to speculate on a real-world bust in NVDA shares through an IRA or 401-k account (which prohibit short selling), how can this be accomplished?...
Read the full article on Seeking Alpha
For further details see:
NVD: How To Short Nvidia In Your IRA