How Do You Hedge??

What's your preferred way of hedging public equities exposure?

I've been modeling some things out and put spreads (same calendar month) provide only limited downside protection. Just buying puts can get pretty expensive pretty fast, especially if you're hedging out risk more than a few months out. Going long VXX is a systematically losing proposition, since it buys front-month futures and sells current month (lose money by definition in contango).

Curious to hear what others have found useful and/or interesting.

3 Comments
 

Consequuntur ratione aspernatur soluta reprehenderit. Cupiditate ducimus reprehenderit maiores est distinctio tempora. Beatae sit dolorum ea magnam sunt.

Iusto consequuntur dolores dolores. Aut quibusdam quis ea inventore ut aperiam. Incidunt et ipsam enim tenetur nam culpa doloremque. Rerum in voluptas molestias et.

Neque et totam esse vel consectetur asperiores quia. Ullam tempore officia eligendi molestiae perspiciatis eius sequi. Rerum quae alias magnam cupiditate magnam reprehenderit id. Ut et aut corporis similique unde. Atque saepe qui modi non quis dolorem.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Goldman Sachs 01 97.8%
  • Guggenheim Partners No 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (81) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
BankonBanking's picture
BankonBanking
99.0
4
kanon's picture
kanon
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
DrApeman's picture
DrApeman
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
CompBanker's picture
CompBanker
98.9
10
numi's picture
numi
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”