In this case very dirty. Something like options. On tripled-leveraged ETFs.
You could simply buy the triple-levered inverse Direxion Daily Semiconductor Bear 3X Shares (SOXS).
But why not swing for the fences and buy calls on SOXS?
Perhaps even better, puts on the the mirror-image (in theory) triple-levered long Direxion Daily Semiconductor Bull 3X Shares (SOXL) would allow you to also pick up the volatility-decay of the derivatives inside the ETF wrapper.
SOXL - $41.80 up $5.66 (+15.66%) As of 03:18PM EST.
SOXS - $3.9250 down 0.7150 (-15.4095%) As of 03:18PM EST.
As always consult your financial advisor and/or deity, if any.
Good luck.
NVDA $782.25 up $107.53 (+15.94%)
Keep in mind the Nvidia GTC Conference (March 17 - 21) will be attended by 300,000 live and online, hanging on every word Mr. Huang utters. The analyst update will be on the 19th.
Jack be nimble and all that.
And remember, the only perfect hedge is at Sissinghurst:
(we used to say "the only perfect hedge is in Japan" but their gardeners have gotten a bit old and and not so agile)
