HIBS
Direxion Daily S&P 500 High Beta Bear 3X Shares
stock NYSE ETF

One can do this directly with ETFs like HIBS. It performs similarly to SQQQ, with even more leverage. I don't like how focused its present weighting is on semis, but for my purposes (trades of 1-6 days, daily adjusting of stop loss) either or both work.
The inverse leveraged ETFs don't provide nearly as much leverage as an options strategy, but I'm less interesting in becoming obscenely wealthy over this bear than capital preservation.

One can do this directly with ETFs like HIBS. It performs similarly to SQQQ, with even more leverage. I don't like how focused its present weighting is on semis, but for my purposes (trades of 1-6 days, daily adjusting of stop loss) either or both work.
The inverse leveraged ETFs don't provide nearly as much leverage as an options strategy, but I'm less interesting in becoming obscenely wealthy over this bear than capital preservation.