Buy protection on a portfolio
Hi MM, I hope you're doing well. I have a different type of question related to my investments. General advise is all I want For example say I've owned several bank shares for a number of years. While I'm not particularly pessimistic about the market, with a US election, the situation in China and the two ongoing wars without clear resolutions make me somewhat uneasy. Over the next 12 months, I still want to remain invested in the market, but I'm considering buying a put option for some downside gains if the market falls. If the market rises, I’m fine with losing the premium. My question is: Is there an ETF that I could invest in for this purpose, or would it be better to look for a put option on the individual bank stocks? Thank you Michael