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Yes I'm aware, since they suggested puts instead of calls. I'm not sure what your point is since my argument applies in either case. It's much less probable to
by jameslk 8y ago
Yes I'm aware, since they suggested puts instead of calls. I'm not sure what your point is since my argument applies in either case. It's much less probable to be right about both price and timing. You won't have unlimited losses, but you will likely be wrong and lose money, unless you're the one writing the regulations.
- dlubarov 8y ago> It's much less probable to be right about both price and timing But that's priced into any analysis of the puts. If you're just arguing that speculation in general isn't prudent, then I'm with you, but you can't really say that a particular bet would be a "terrible strategy" (if you mean that in a negative EV sense?) when we don't know what the prices will be.