So, I’ve been messing around with this idea of shorting Netflix, but not directly. I heard about these things called ETFs, and there’s apparently one that lets you bet against Netflix. Sounds kinda wild, right? Here’s how I went about it.
My Netflix Shorting Adventure
First, I spent like, an hour just Googling around. I was trying to figure out what an “inverse ETF” even was. It sounded complicated, but basically, it’s like a fund that goes up when the thing it’s tracking goes down.
Next I searched for the right ETF I found few names and dug deep to confirm which one to use.
I then went to my usual brokerage account – the one I use for all my other random stock stuff. I typed in the ticker symbol, and boom, there it was. It looked just like buying any other stock, which was kinda reassuring.
- I picked a small amount of money to put in. I’m definitely not going all-in on this, it’s more like a little experiment.
- I hit the “buy” button. I double-checked everything, because, you know, it’s still real money.
- I got a confirmation that the order went through. It was surprisingly…easy.
Now, the waiting game begins. I have my little tracking app set up to watch both Netflix’s stock price and this inverse ETF. It’s kinda fun to see them move in opposite directions. When Netflix takes a nosedive, my little ETF goes up a bit. It’s a weird feeling, like rooting for a company to do badly, but hey, that’s the strategy.
Honestly, I’m not expecting to get rich off this. It’s more about learning how these things work. And who knows, maybe Netflix will keep going down, and I’ll make a few bucks. If not, well, it was a cheap lesson in the weird world of finance.
I will keep watching and share the results soon.
