I have 50 shorts on IQ 20 added today. I also shorted NAB and CBA mostly today they are pretty similar. If nervous on shorting IQ (and I do agree ) I was burnt VERY badly in May June after getting cocky in April - then short CU (CBA) it is well priced so not big upside and if market plummets will also plummet since it is market. IQ moves much more strongly than banks effectively 10 points is $50 000. Banks are cheaper to short holding requirements are minimal but BEWARD dividends.
