Airbnb shares hit the market today and doubled right away. This in a time when half the planet is shut down and many people are scared to travel.
HOW TO MAKE MONEY SELLING PUTS
The low-risk method for turning limit orders into cash.
Airbnb shares hit the market today and doubled right away. This in a time when half the planet is shut down and many people are scared to travel.
It is very hard to find a bargain anywhere, similar to June / July where everything popped, only to tank in value by September.
1) Sit in cash.
2) Buy now, expecting both a future drop and recovery.
3) Sell puts , treating them like limit orders and collecting cash while you wait for share prices to fall.
We'll focus on number three.
Anyway, back to the main content.
Sounds complicated, but it's not.
Here's a full explanation of the mechanics (with some simplified math):
You would collateralize $6,000 while being paid $46 as a premium. If Bristol-Myers closes lower than $60 on the 18th, you take possession of 100 shares.
HOWEVER...
You can also sell puts on ETFs like $VYM, $VOO, etc... which further lowers your long-term risk (if you're willing to hold long-term).
However, done right, this is a good way to generate extra cash while waiting for prices to lower on assets you already want to buy.
Unknown Market Wizards - https://t.co/RxUbYbatti
Stan Weinstein’s Secrets for Profiting in Bull and Bear Markets - https://t.co/uDF2fb2lKt
More from Trading
A thread on getting intraday (any timeframe) data to excel without any coding. Limited to only last 60 days. Fetches from zerodha chart.
👇
1. Open the chart on zerodha web in chrome. Right click and select 'Inspect'. Click 'Network' as shown in this pic.
2. Right click on the last entry on the table you see and click 'copy as cURL (bash)'
3. Go to website https://t.co/f8rhwoGLUc and paste on the left box and click 'Run'
4. The output below candles written on right of box is the ohlc, volume and oi data. Copy and paste to excel.
👇
1. Open the chart on zerodha web in chrome. Right click and select 'Inspect'. Click 'Network' as shown in this pic.
2. Right click on the last entry on the table you see and click 'copy as cURL (bash)'
3. Go to website https://t.co/f8rhwoGLUc and paste on the left box and click 'Run'
4. The output below candles written on right of box is the ohlc, volume and oi data. Copy and paste to excel.
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THREAD PART 1.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
On Sunday 21st June, 14 year old Noah Donohoe left his home to meet his friends at Cave Hill Belfast to study for school. #RememberMyNoah💙
He was on his black Apollo mountain bike, fully dressed, wearing a helmet and carrying a backpack containing his laptop and 2 books with his name on them. He also had his mobile phone with him.
On the 27th of June. Noah's naked body was sadly discovered 950m inside a storm drain, between access points. This storm drain was accessible through an area completely unfamiliar to him, behind houses at Northwood Road. https://t.co/bpz3Rmc0wq
"Noah's body was found by specially trained police officers between two drain access points within a section of the tunnel running under the Translink access road," said Mr McCrisken."
Noah's bike was also found near a house, behind a car, in the same area. It had been there for more than 24 hours before a member of public who lived in the street said she read reports of a missing child and checked the bike and phoned the police.
