Submitted by Positive-Shake6886 t3_zw8shz in wallstreetbets
Relevant-Nebula8300 t1_j1tmo4p wrote
Reply to comment by my_name_is_gato in How would you make 1000 dollars with 100 Dollars? by Positive-Shake6886
He can’t cash secure puts with $50-$100 you regard
my_name_is_gato t1_j1tntx9 wrote
With access to margin you illiterate. I'm not saying it is super easy to get the ball rolling. Going way OTM for safety might be necessary despite it meaning a pittance in premiums. I was asked to pave a path to 10x with a tiny amount. I welcome a better idea than a ODTE yolo call.
Relevant-Nebula8300 t1_j1tnz0a wrote
Could day trade it. I know you’re an idiot so let me explain…. You can’t get margin on an account with less than $2000 & besides cash secured puts are secured by your own cash not margin loans
my_name_is_gato t1_j1trj8r wrote
Whew. I'm glad someone caught that. Genuine thank you.
[deleted] t1_j1tod6a wrote
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