The ProShares Short S&P500 (NYSEArca: SH) takes a simple inverse or -100% daily performance of the S&P 500 index.
Alternatively, for the more aggressive trader, leveraged options include the ProShares UltraShort S&P500 ETF (NYSEArca: SDS), which tries to reflect the -2x or -200% daily performance of the S&P 500, the Direxion Daily S&P 500 Bear 3x Shares (NYSEArca: SPXS), which takes the -3x or -300% daily performance of the S&P 500, and ProShares UltraPro Short S&P 500 ETF (NYSEArca: SPXU), which also takes the -300% daily performance of the S&P 500.
Related: Experiencing Economic Vertigo: How to Stomach Market Indigestion
The heightened volatility may also help support gold prices and further bolster the mining sector.
For more aggressive long gold exposure, traders can look to leveraged ProShares Ultra Gold ETF (NYSEArca: UGL) and ProShares UltraShort Gold ETF (NYSEArca: GLL). The Direxion Daily Gold Miners Bull 2x Shares ETF (NYSEArca: NUGT) and Direxion Daily Junior Gold Miners Index Bull 3x Shares (NYSEArca: JNUG) have been popular long bets on the gold mining sector.
Additionally, investors may seek refuge in safe-haven Treasuries. More aggressive traders can consider leveraged options to play a bounce in Treasuries, such as the ProShares Ultra 20+ Year Treasury (NYSEArca: UBT) and Direxion Daily 20+ Year Treasury Bull 3x Shares ETF (NYSEArca: TMF).
For more news and strategy on the Gold market, visit our Gold category.
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