Inflation is in the news a lot lately. Check out the Google Search spikes. Google Trend searches are measured 0-100 with 100 being the peak of searches for the measured time frame. Clearly, inflation’s on everyone’s minds…

So how would we play for inflation or at least add some inflation defensive positions? One possibility is taking on some long gold deltas via GLD which is still below it’s 2020 highs. Another is using TLT (20+ year bond ETF), which is down 12.3% in 2021.

Here are some trade ideas

Bullish trade ideas:

Bearish trade ideas:

Cherry Picks is written in collaboration with Michael Rechenthin, PhD, Head of Data Science at tastytrade; James Blakeway, CEO of Quiet Foundation, a data science-driven subsidiary of tastytrade; and John Kicklighter, Chief Strategist at DailyFx with an expertise in fundamental analysis and market themes.