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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.

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[deleted] OP t1_iy8z8vv wrote

Aren't puts a good way tongo bankrupt

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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.

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