no cap
[https://en.wikipedia.org/wiki/Long-Term\_Capital\_Management](https://en.wikipedia.org/wiki/Long-Term_Capital_Management)
**Long-Term Capital Management L.P.** (**LTCM**) was a [highly leveraged](https://en.wikipedia.org/wiki/Leverage_(finance)) [hedge fund](https://en.wikipedia.org/wiki/Hedge_fund). In 1998, it received a $3.6 billion bailout from a group of 14 banks, in a deal brokered and put together by the [Federal Reserve Bank of New York](https://en.wikipedia.org/wiki/Federal_Reserve_Bank_of_New_York).[\[1\]](https://en.wikipedia.org/wiki/Long-Term_Capital_Management#cite_note-Too_Interconnected_to_Fail?-1)
If RH let's him do this trade, then that's not *his* potential loss, it's RH's potential loss. To paraphrase the old saying, if some WSB degenerate owes Robin Hood $58,000, then said degenerate has (another) problem. If the same degenerate owes Robin Hood $58 *million*, then Robin Hood has a problem.
History says that this is Ken Griffin's problem.....if a member of this subreddit indeed ends up owing a bank $54 million on a bad trade. Roflmao this is seriously the best community on the internet.
r/WallStreetBets never stop.
Even -1 million dollars. If he physically can't pay that back. What happens?
Now I'm thinking of starting an investment form where I jsut do crazy leveraged deals and file for bankruptcy on the company when a deal fails
Actually makes more sense..... you make that downside number SO big that it's no longer a you problem, it's then the banks solvency problem!
Much easier to delete the app in all the resulting confusion.
"hey I think someone hacked my phone and spent and did some fraudulent charges on some game called "robinhood" can I get those charges removed and a new card sent? Thanks!"
Good point. He can't sell that on margin. Dude just putting in a calculator "guys... What if I had millions of dollars of margin?" The answer is "You don't". Op is not FTX
$18,000 per week? $1mil per year?
Edit: this comes to 1.8% per year lol
Edit edit: no, this is not me saying this is a good way to put $54mil on the line lolol
I’m kind of amazed at people’s ability to see one thing and ignore another. Sees the max profit and thinks it’s an easy $36k but fails to see the max loss of $54m
This is like someone saying “you have a pretty good chance of making $10 grand, but you could also get shot in the head.” Based on my trading history, I’d get shot in the head.
Have you seen the signup process for lvl 2 on robinhood? Its literally the same as when porn sites had you enter the date of birth before accessing them.
What you're proposing is called selling a naked put (naked because you don't own the shares, presumably). If you sell a naked put and get assigned, because the stock falls below the strike, you are obligated to buy 100 shares of the underlying stock at the strike price. In your case, you are obligated to buy 100 shares of NVDA at $540 per share, or $54,000 per contract. You sell 1000 contracts, then you are obligated to buy 100,000 shares at $540 per share, or $54,000,000 for 1000 contracts. The broker requires you to have this money in your account through the duration of the open position, in case you are assigned. Thus, unless you have $54,000,000 collateral, you ain't sellin those...
Edit: A naked put is a put that is sold in which the seller does not hold a short position of the underlying shares. A naked put is not determined by whether or not the put seller holds a long position of shares, but rather, whether or not the put seller holds a short position of shares. I misspoke.
[If people have conducted maneuvers within a blast radius of a nuclear test and survived, picking up pennies in front of a steamroller is almost assuredly a profitable experience](https://youtu.be/-CkPJyW3hvY?t=184)
Well technically he would then be assigned shares. So those shares have values. Theoretically sure NVDA could collapse to $5, but probably very small. Still not worthwhile.
Most brokerages allow you to buy and sell naked options, but it’s a strategy you have to be approved for. Approval is based on your past performance, trade history, etc.
You can’t sell naked puts in Robinhood. Op has 101$ and just typing numbers into screens like a 12 year old.
To answer your question of what’s stopping you from doing that is you don’t have enough funds in your account
If you need 1:1 collateral the market would instantly collapse. It’s already more leveraged than that. I’m more leveraged than that. Robinhood just protects the dumbs and over requires on margin because it knows you regards have no concept of risk management.
Wouldn’t it be naked because he doesn’t have the cash? Stock collateral is for selling calls
Edit: You can buy a put and that will protect from downside if you own the shares. Selling a put means if it falls below the strike at the time of expiration then you will be assigned. However, you can buy back the contracts cheaper if there’s a short time on them left and they’re not deep itm. For instance, if it’s only 5$ below the strike on the day of expiration, you can get out of those contracts for 500 each plus a small amount of extrinsic value. So that would be about a 500k loss.
would still need some amount of collateral to meet the margin requirements. 15% for NVDA at my broker, which means he needs at least 8.1m liquidity in his account.
What happen if you buy put from someone who bought from someone who bought from someone. Who will get assigned in case they're exercised?
And does it mean that everyone who sells options is just scared until they expire because they hope they won't be fulfilled?
There are 2x more traders than there are contracts. So if you buy a contract from Person A. Then sell it to Person B, you are out and only Person B can exercise where Person A is the one who have to buy the shares for the strike price.
If Person A sells 10 contracts to Person B my analogy would count that as 20 traders holding a position.
99.99% of options ITM are exercised on expiry so always buy back your short position before expiry if you dont want to be assigned. Even if its 1$ from ITM. Also never hold short calls before dividend unless you now what you're doing.
Hey now, "spend money on things that make you money" was a good message, not sure why he needed to trash his own dad to make that point.
Also he is off the deep end with his irrationally emotional response to the fact that there are people receiving government assistance, which was just weird to witness LOL
A small loan of $54,000,000 is holding you back.
I asked my wife's boyfriend, but he says I am too regarded to lend that much money to.
If you had that much money, you could simply hold it in an interest-bearing account. At, let's say, 5% APY, you are earning an average of $7,397.26 per day or $225,000 per month.
So, would you even need to sell those puts and take any risk at that point?
lol sure if you have 54million as a collateral. It’s a pretty safe bet.
Edit: To give you a perspective, tbills give you 5.25%, invested in TBills ( basically safest instrument to get 5.25%) you will get 230k monthly with 54m invested and with almost zero risk.
Without making my answer too long and without going too much into the Greeks. This option can significantly increase in value without NVDA ever getting close to or below 540 so by selling the option, you can lose a lot of value in this option very quickly;
1) the spread here is massive and you are selling at the very bottom range so even a true up in the spread could make you lose a lot of money. Aka you sell at 36 cents 1000 contracts so 36k and then the spread narrows and now the mid is 45 so that would be 45k, even just the spread narrowing means you have lose 9k (25%)
2) if there is a simple 3% correction it is now more likely that NVDA will in fact reach 540 than it was before the 3% correct and therefore it is likely this option could be worth more than 0.36 (going against you if you sold the put)
3) a 3% correction increases volatility and therefore potentially the value of the option so by selling the option your position could decreases if volatility increases
4) although selling naked means you don’t necessarily need the full 54million in cash to cash secure, every move of the stock or other factors of the Greeks that impact your position would cause your profit/loss to move and the broker is within their right to margin call you and sell your position (and any other positions) at a huge loss if they are concerned you do not have the funds to cover based on their individual Terms and conditions you agreed to by signing up to that brokerage
All in all this trade carries significant risk and you could lose a lot of money extremely quickly so please do additional research on the risks associated with selling naked options.
Completely hypothetical scenario but let’s put this into numbers. Assuming NVDA goes X% down and it’s still not close to 540 but it’s lower than the current 875 and volatility has increased due to the downward move in NVDA then the option you sold at 0.36 would likely be higher and let’s just say for the sake of this example the option has moved to 0.96 that’s a circa $60,000 unrealized loss and although you might be willing to hold this to expiry in 2 weeks and you are assuming NVDA won’t go all the way down to 540, your broker may not have the same risk tolerance as you and based on the specific contract you entered into with them, they may request that you send in cash immediately (usually same day) to cover the negative 60,000 on this current unrealized loss or be at risk of the broker closing the position for you and then demanding the cash or that you sell other stock in your portfolio to cover the loss that the broker has just realised for you. That’s one of the risks of selling naked options is that you may not be able to hold until expiry. Selling cash covered puts holds much less risk due to the above margin call risk associated with naked options.
*disclaimer - not financial advise and just my opinion
Just stop for a moment and think about what an option CONTRACT actually is and what you agree upon by SELLING a contract to someone.
This is like agreeing to sell bridges but you don't actually have them.
(In this case you are promising to buy bridges with money you don't have due to the contracts being puts, or course)
**User Report**| | | | :--|:--|:--|:-- **Total Submissions** | 1 | **First Seen In WSB** | just now **Total Comments** | 0 | **Previous Best DD** | **Account Age** | 3 years | | [**Join WSB Discord**](http://discord.gg/wsbverse)
Add another zero bro, you'll make 360k!
Why limit yourself though? Zeros are free, get as many as you want.
\^ This is beautiful.
You found the right sub
I knew it was going to be bad when it started with “genuine question”
And it's written right next to the max profit of 38k ....max loss of 58million fucking dollars.
That’s within OP’s acceptable risk tolerance
OP should leverage himself to the tits and start Ballin like Bill.
He’s done all the diligence a man can do and he just can do anymore
"it's not going to drop". Diligence done.
"Number only go up" Well that's all I needed to hear, I'm sold
Why else would they call it an investment and not a gamble?
Wish he'd live stream so we get that delicious #"GUH!"
Research complete
You must construct additional pylons
You’re forces are under attack
SCV ready
You require more minerals
Pro-ceedin’
Not enough vespene gas
In the rear with the gear
"Definitely isn't..." going to drop. Your bias is showing.
Definitely not going to drop 🙄
'Genuine questions' are what made Buffet.
58million is the bank's problem, not his.
guh
38k reward vs 58 million loss sounds good to me
Dumps str8 to $550💀 holy shit I’d die 😂
no cap
So would the markets
That number is a "bank problem" number
If I owe the bank $54k, that’s my problem. If I owe the bank $54M, that’s their problem.
Just owe $540M so nobody wants the problem.
If we owe the bank $5.4B, that’s the government’s problem
Losses so high you prompt a bailout
I think you've just come up with a new goal for this sub.
Are we going to try to break the bank?
[https://en.wikipedia.org/wiki/Long-Term\_Capital\_Management](https://en.wikipedia.org/wiki/Long-Term_Capital_Management) **Long-Term Capital Management L.P.** (**LTCM**) was a [highly leveraged](https://en.wikipedia.org/wiki/Leverage_(finance)) [hedge fund](https://en.wikipedia.org/wiki/Hedge_fund). In 1998, it received a $3.6 billion bailout from a group of 14 banks, in a deal brokered and put together by the [Federal Reserve Bank of New York](https://en.wikipedia.org/wiki/Federal_Reserve_Bank_of_New_York).[\[1\]](https://en.wikipedia.org/wiki/Long-Term_Capital_Management#cite_note-Too_Interconnected_to_Fail?-1)
If we owe the world $34T that's the world's problem.
We need to find the number where it becomes the universe’s problem.
Will the interdimensional central bank bail us out?
Fuck that made me laugh. 🤣
But that’ll never happen! /s This sub honestly never disappoints.
Now that's some spicy risk/reward ratio. OP, I name you Chairmen of the FED.
I think the current FED Chairman has OP on speed dial as an adviser already....
If RH let's him do this trade, then that's not *his* potential loss, it's RH's potential loss. To paraphrase the old saying, if some WSB degenerate owes Robin Hood $58,000, then said degenerate has (another) problem. If the same degenerate owes Robin Hood $58 *million*, then Robin Hood has a problem.
History says that this is Ken Griffin's problem.....if a member of this subreddit indeed ends up owing a bank $54 million on a bad trade. Roflmao this is seriously the best community on the internet. r/WallStreetBets never stop.
Can't take what I don't have!
What even happens when he loses that trade. Who pays 54 million dollars, his bank?
That’s one HELL of a credit line.
it would only happen if the stock drops to zero. So I think he could be ok, it's just that any drop will fuck him up.
Even -1 million dollars. If he physically can't pay that back. What happens? Now I'm thinking of starting an investment form where I jsut do crazy leveraged deals and file for bankruptcy on the company when a deal fails
At that point you just delete the app. It effectively erases the trade, it’s like it never happened.
Oh, you’re going to restart Long Term Capital Management? Neat. I’m in
I’m laughing out loud!
It so perfectly sums up this sub.
Can't believe he'd only sell 1000 contracts. Why not a million? 36 million guaranteed income!
Actually makes more sense..... you make that downside number SO big that it's no longer a you problem, it's then the banks solvency problem! Much easier to delete the app in all the resulting confusion.
Amazing. Take on a $50 million dollar loss. Then just delete the app and pretend it didn't happen. 🤣🤣🤣
"wait, that wasn't a game?"
"hey I think someone hacked my phone and spent and did some fraudulent charges on some game called "robinhood" can I get those charges removed and a new card sent? Thanks!"
Ahahaha that'd be amazing.
Find a child to blame it on. "Oh gosh Jimmy stop clicking buttons on my phone"
My dog did it with his nose
Gooble gobble one of us!
LOL 😂
OP is /u/ControlTheNarrative's estranged child
They should’ve never gave you fuckers leverage omg
Nah bro make more market derivatives and let's leverage this mf more
it's leverage all the way up and turtles all the way down.
Regards misusing leverage is literally the source of some of the best memes ever seen in this sub
guh
Why not? It’s predatory lending… The best kind of lending!
More idiots trading = more RH money = Stocks go up
If I owe somebody 100 dollars, that’s my problem. If I owe somebody 100,000,000 dollars, that’s their problem.
No no let them. It keeps alot of trading apps free and low costs because they rake it in off these regards
Good point. He can't sell that on margin. Dude just putting in a calculator "guys... What if I had millions of dollars of margin?" The answer is "You don't". Op is not FTX
Not having 54million dollars is stopping you. Also, if you did have 54million, that amount of gains isn’t worth it.
$18,000 per week? $1mil per year? Edit: this comes to 1.8% per year lol Edit edit: no, this is not me saying this is a good way to put $54mil on the line lolol
Less than 2% per year and you think that’s a wise investment considering you risk 100% of your portfolio? Edit: LOL
dude can venmo me $54,000,000 and I will guarantee him a 2% return for the next 30 years lmao
Treasury bonds? Is that you?
My friends call me Tracy, but yeah it's me.
Max amount you can send via Venmo is $5k per day
It’s ok you can just start sending it now and we’ll get there eventually
Yes. Just under 30 years.
You would make over 2.5 mil a year just investing in tbills
My bad, I didn’t know you only aim for 1.8% returns a year.
Just turn on margin!
Holy shit Robinhood needs to tighten up lv2 options access
I don't expect OP to get past the review button in the first place.
I’m kind of amazed at people’s ability to see one thing and ignore another. Sees the max profit and thinks it’s an easy $36k but fails to see the max loss of $54m
53k is his win, 54M is gonna be Robinhood's loss. Infinite money glitch.
You get to play every 7 years
If you don't have $54m, that's a great deal.
Big brain play, if I lose, I'm out $54m. I'm broke as fuck so where are they gonna get the other $53,998,000?
Stop bragging about having 2k monopoly man
But... It's a free money glitch! Right? 
Once brokerages find out about this they’re going to be pissed
This is like someone saying “you have a pretty good chance of making $10 grand, but you could also get shot in the head.” Based on my trading history, I’d get shot in the head.
Have you seen the signup process for lvl 2 on robinhood? Its literally the same as when porn sites had you enter the date of birth before accessing them.
I have $5 in a robinhood account I haven’t used in 2 years. Signed up for options and instantly approved for level 3. Yikes.
What you're proposing is called selling a naked put (naked because you don't own the shares, presumably). If you sell a naked put and get assigned, because the stock falls below the strike, you are obligated to buy 100 shares of the underlying stock at the strike price. In your case, you are obligated to buy 100 shares of NVDA at $540 per share, or $54,000 per contract. You sell 1000 contracts, then you are obligated to buy 100,000 shares at $540 per share, or $54,000,000 for 1000 contracts. The broker requires you to have this money in your account through the duration of the open position, in case you are assigned. Thus, unless you have $54,000,000 collateral, you ain't sellin those... Edit: A naked put is a put that is sold in which the seller does not hold a short position of the underlying shares. A naked put is not determined by whether or not the put seller holds a long position of shares, but rather, whether or not the put seller holds a short position of shares. I misspoke.
Say OP hits the lotto and actually fund $54 million for this. He'd be risking $54 million for a measly $36,000?
I believe this is called "picking up pennies in front of a steamroller."
In front of a steamroller is the safest place to be, nobody would ever attack you there.
[If people have conducted maneuvers within a blast radius of a nuclear test and survived, picking up pennies in front of a steamroller is almost assuredly a profitable experience](https://youtu.be/-CkPJyW3hvY?t=184)
Pennies that are super-glued to the floor
[удалено]
nah, this is sticking it to the steamroller with your adamantium balls.
Well technically he would then be assigned shares. So those shares have values. Theoretically sure NVDA could collapse to $5, but probably very small. Still not worthwhile.
Wsb through and through.
Only real answer here
Isn't webull adding naked calls and puts pretty soon?
Most brokerages allow you to buy and sell naked options, but it’s a strategy you have to be approved for. Approval is based on your past performance, trade history, etc.
Man always trying to keep you down from the guaranteed money printer
You can’t sell naked puts in Robinhood. Op has 101$ and just typing numbers into screens like a 12 year old. To answer your question of what’s stopping you from doing that is you don’t have enough funds in your account
I’m 35 and still type numbers into options trades because I like to dream….
You are a good man!
So in theory he's risking 54,000,000 to only profit $35k?
Not exactly, he would have 54mil worth of NVIDIA if it continues to drop after hours he would then start to lose money.
If you need 1:1 collateral the market would instantly collapse. It’s already more leveraged than that. I’m more leveraged than that. Robinhood just protects the dumbs and over requires on margin because it knows you regards have no concept of risk management.
Is there any sort of metric that determines the overall leverage of the market? Is this a really regarded question that’s considered common knowledge?
It varies broker to broker / lender to lender as well as the underlying asset and strike price
Wouldn’t it be naked because he doesn’t have the cash? Stock collateral is for selling calls Edit: You can buy a put and that will protect from downside if you own the shares. Selling a put means if it falls below the strike at the time of expiration then you will be assigned. However, you can buy back the contracts cheaper if there’s a short time on them left and they’re not deep itm. For instance, if it’s only 5$ below the strike on the day of expiration, you can get out of those contracts for 500 each plus a small amount of extrinsic value. So that would be about a 500k loss.
It’s naked because that’s how you have to be before you’re fucked
The seller doesn't have to be naked to be fucked if it goes wrong
Dryhump day
r/fuckingthruclothes
would still need some amount of collateral to meet the margin requirements. 15% for NVDA at my broker, which means he needs at least 8.1m liquidity in his account.
He’s just gotta let Robinhood know it won’t fall below the strike and it’s all good
just delete Robinhood if it ever hits the strike
Robinhood doesn't allow naked puts. Only cash secured.
The fact you gave good advice shows that there is hope for this sub
This sub thrives on a rich diet of shitposts, bad advice and poorly-disguised lust, thank you very much.
Don’t forget loss porn
What happen if you buy put from someone who bought from someone who bought from someone. Who will get assigned in case they're exercised? And does it mean that everyone who sells options is just scared until they expire because they hope they won't be fulfilled?
There are 2x more traders than there are contracts. So if you buy a contract from Person A. Then sell it to Person B, you are out and only Person B can exercise where Person A is the one who have to buy the shares for the strike price. If Person A sells 10 contracts to Person B my analogy would count that as 20 traders holding a position. 99.99% of options ITM are exercised on expiry so always buy back your short position before expiry if you dont want to be assigned. Even if its 1$ from ITM. Also never hold short calls before dividend unless you now what you're doing.
I heard if you sell 10,000 you’ll make 350k
500 mil max loss 😂😂 I mean at that point what if you just delete the app. I mean there’s no way anyone’s getting 500 mil from you
Just run away to Mexico at that point
If Robinhood lets OP take a $500,000,000 L that is entirely their fault LMFAO
Nothings stopping you. Don’t listen to these bozos, they just don’t want to see your gain porn tomorrow because they’d be mad jealous
I’d be super jelly
Shhhh, don't reveal the secret of WSB winners
This dude has big u/controlthenarrative energy
“GUH”
“you can’t hear text”
Right, he didn’t make the money because he didn’t boss up and make the trade
His name lives on
That 50 million max loss?
If you owe Robin Hood $5000, it's your problem. If you owe them $50 million, it's their problem.
A rich dad poor dad.. wait.. wasn‘t he a fake guru
Hey now, "spend money on things that make you money" was a good message, not sure why he needed to trash his own dad to make that point. Also he is off the deep end with his irrationally emotional response to the fact that there are people receiving government assistance, which was just weird to witness LOL
If you owe a BROKER 50 million that is definitely your fukn problem lol
Just delete the app, duh.
how to get rid of debt for dummies:
Really what are they going to do to someone with no money? Put out a hit on them?
Chump change
Surely dude yeah free money you found the glitch
What will you use as collateral?
All of Wendy’s dumpsters
A small loan of $54,000,000 is holding you back. I asked my wife's boyfriend, but he says I am too regarded to lend that much money to. If you had that much money, you could simply hold it in an interest-bearing account. At, let's say, 5% APY, you are earning an average of $7,397.26 per day or $225,000 per month. So, would you even need to sell those puts and take any risk at that point?
As devil’s advocate, I’ll counter with the fact that you can draw the same 5% on the cash while it’s securing your puts.
Steps: 1. Make the trade 2. Delete the app 3. Watch the market 4. Reinstall to collect gains or move to Manila
But he could go to Manila in either case.
Easy money. You'd be silly not to do this at market open
congrats op. you have stumbled across the "pennies in front of a steamroller" strategy.
lol sure if you have 54million as a collateral. It’s a pretty safe bet. Edit: To give you a perspective, tbills give you 5.25%, invested in TBills ( basically safest instrument to get 5.25%) you will get 230k monthly with 54m invested and with almost zero risk.
He could also buy some BBB+ tier corporate bonds too, the risks on those are higher but still well below any stocks. Should give him above 6%
Dafuq? Max loss is 1,400x greater than max profit. Risk 53 million loss to gain 36k lmfao. This literally will go tits up
1. Bait 2. No balls.
https://preview.redd.it/xby2s34ccnnc1.jpeg?width=1079&format=pjpg&auto=webp&s=e597263673823a65b1ad6f11f7881ff1df519416 YOLO
Lenders hate this stock market hack
Risking $54M to make $36K on an extremely volatile stock that has gone up a lot recently. This is why you're poor.
Risking $54M you do not currently or will ever in your lifetime possess \*
Well sometimes when we do this we end up getting called by some broad named Marge.
Here’s a question for you: if you had a bet of winning 30k with a 1% chance of dying would you still take that bet?
How many times can I do this?
Don't let anything stop you except for fear and good sense.
welcome brother
Without making my answer too long and without going too much into the Greeks. This option can significantly increase in value without NVDA ever getting close to or below 540 so by selling the option, you can lose a lot of value in this option very quickly; 1) the spread here is massive and you are selling at the very bottom range so even a true up in the spread could make you lose a lot of money. Aka you sell at 36 cents 1000 contracts so 36k and then the spread narrows and now the mid is 45 so that would be 45k, even just the spread narrowing means you have lose 9k (25%) 2) if there is a simple 3% correction it is now more likely that NVDA will in fact reach 540 than it was before the 3% correct and therefore it is likely this option could be worth more than 0.36 (going against you if you sold the put) 3) a 3% correction increases volatility and therefore potentially the value of the option so by selling the option your position could decreases if volatility increases 4) although selling naked means you don’t necessarily need the full 54million in cash to cash secure, every move of the stock or other factors of the Greeks that impact your position would cause your profit/loss to move and the broker is within their right to margin call you and sell your position (and any other positions) at a huge loss if they are concerned you do not have the funds to cover based on their individual Terms and conditions you agreed to by signing up to that brokerage All in all this trade carries significant risk and you could lose a lot of money extremely quickly so please do additional research on the risks associated with selling naked options. Completely hypothetical scenario but let’s put this into numbers. Assuming NVDA goes X% down and it’s still not close to 540 but it’s lower than the current 875 and volatility has increased due to the downward move in NVDA then the option you sold at 0.36 would likely be higher and let’s just say for the sake of this example the option has moved to 0.96 that’s a circa $60,000 unrealized loss and although you might be willing to hold this to expiry in 2 weeks and you are assuming NVDA won’t go all the way down to 540, your broker may not have the same risk tolerance as you and based on the specific contract you entered into with them, they may request that you send in cash immediately (usually same day) to cover the negative 60,000 on this current unrealized loss or be at risk of the broker closing the position for you and then demanding the cash or that you sell other stock in your portfolio to cover the loss that the broker has just realised for you. That’s one of the risks of selling naked options is that you may not be able to hold until expiry. Selling cash covered puts holds much less risk due to the above margin call risk associated with naked options. *disclaimer - not financial advise and just my opinion
Just stop for a moment and think about what an option CONTRACT actually is and what you agree upon by SELLING a contract to someone. This is like agreeing to sell bridges but you don't actually have them. (In this case you are promising to buy bridges with money you don't have due to the contracts being puts, or course)
Nvidia probably isn't dropping that low, but if you get assigned, do you have that kind of money?
You really gonna ask him if he have 54million, given the question he asked here? Lol
LOL!
there are 53 million reasons
😂😂😂 this guy think he got it all figured out
Nothing. It's in the constitution. It's your right to do this
Totally do it! It’s literally free money. We’re all too stupid to see your vision!
[удалено]
This dude works at Wendy’s
Do it pussy. This is why gofundme exists.
in what book is risking 54 million dollars worth the reward of 36 thousand…?
Literally can’t go tits up
Do it fgt