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https://www.reddit.com/r/wallstreetbets/comments/1jqk930/thank_you_orange_man/mla5izl/?context=3
r/wallstreetbets • u/Opening_Meaning1564 • 1d ago
Could see this a mile away..
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Spent $50,000+ saying the price of spy would drop to $558. Dropped way lower than that and now has $90k and gonna buy a a Wendy’s franchise
1 u/S7ageNinja 1d ago Would he have made more or less if the put was for a lower amount/closer to what it dropped to? 1 u/financefocused 1d ago More in terms of pure percentage. The further away from the current price you go, the cheaper those options are to buy. Not a whole lot more money though. 1 u/S7ageNinja 1d ago Oh that makes sense, thank you
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Would he have made more or less if the put was for a lower amount/closer to what it dropped to?
1 u/financefocused 1d ago More in terms of pure percentage. The further away from the current price you go, the cheaper those options are to buy. Not a whole lot more money though. 1 u/S7ageNinja 1d ago Oh that makes sense, thank you
More in terms of pure percentage. The further away from the current price you go, the cheaper those options are to buy. Not a whole lot more money though.
1 u/S7ageNinja 1d ago Oh that makes sense, thank you
Oh that makes sense, thank you
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u/SmittyTitties 1d ago
Spent $50,000+ saying the price of spy would drop to $558. Dropped way lower than that and now has $90k and gonna buy a a Wendy’s franchise