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
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Ivor Cummins has been wrong (or lying) almost entirely throughout this pandemic and got paid handsomly for it.
He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...
... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:
Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.
Tweet: https://t.co/36FnYnsRT9
Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."
I wonder why...
Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x
Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.
Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq
He has been wrong (or lying) so often that it will be nearly impossible for me to track every grift, lie, deceit, manipulation he has pulled. I will use...
... other sources who have been trying to shine on light on this grifter (as I have tried to do, time and again:
Ivor Cummins BE (Chem) is a former R&D Manager at HP (sourcre: https://t.co/Wbf5scf7gn), turned Content Creator/Podcast Host/YouTube personality. (Call it what you will.)
— Steve (@braidedmanga) November 17, 2020
Example #1: "Still not seeing Sweden signal versus Denmark really"... There it was (Images attached).
19 to 80 is an over 300% difference.
Tweet: https://t.co/36FnYnsRT9
Example #2 - "Yes, I'm comparing the Noridcs / No, you cannot compare the Nordics."
I wonder why...
Tweets: https://t.co/XLfoX4rpck / https://t.co/vjE1ctLU5x
Example #3 - "I'm only looking at what makes the data fit in my favour" a.k.a moving the goalposts.
Tweets: https://t.co/vcDpTu3qyj / https://t.co/CA3N6hC2Lq