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All you have to do in this case is short Kodak though. Their price increase is a helpful proxy for crytpocurrency enthusiasm, in the regulated arena you mention
by JetSetWilly 9y ago
All you have to do in this case is short Kodak though. Their price increase is a helpful proxy for crytpocurrency enthusiasm, in the regulated arena you mention. You don't have to short a currency directly.
- mikestew 9y agoOr buy April puts at a $5 strike price for $1, which I did this morning. Corpse of a company goes from $3 to $10 overnight? Should be a no-brainer. We’ll see come April. :-)
- gallerdude 9y agoI’m setting a reminder, best of luck to you!
- mikestew 9y agoIt was briefly up to almost $13 after I bought the contracts. sigh, silly irrational markets. But April is a long way off, and they have an earnings report before then. Check back on options expiration in April!