Submitted by [deleted] t3_z7yp02 in wallstreetbets
loldraftingaid t1_iy8uqrf wrote
No, fuck SPACs. If you really believe in the business I would sell puts at a (really) discounted price and pick up the shares when you get assigned.
[deleted] OP t1_iy8z8vv wrote
Aren't puts a good way tongo bankrupt
[deleted] OP t1_iy8zk89 wrote
[deleted]
loldraftingaid t1_iy90i4s wrote
Sorry, I messed up with the previous response. You can infact lose a lot selling puts, especially if you arn't careful with leverage/don't cover with cash. If you believe in the business and arn't too aggressive with the strike price you'll probably be okay.
Viewing a single comment thread. View all comments