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OB1KENOB t1_j6obbtv wrote

Buy a fractional Tesla share. Sell when it’s worth $40.

Then buy QQQ strangle for $40 on CPI day. Sell the winning side for $60.

There, doubled my money.

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Nuclearchurch OP t1_j6obsqj wrote

What is cpi day?

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OB1KENOB t1_j6odbta wrote

Consumer Price Index. Basically buying puts/calls the day before the CPI report is announced the next morning, which causes major stock volatility

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Nuclearchurch OP t1_j6ogf58 wrote

Okay, what is a strangle??

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OB1KENOB t1_j6omhaw wrote

Betting in both directions, puts and calls on the same stock but with different strike points.

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