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not with buying options - your max loss is just what you buy it for.
by tempsy 7y ago
not with buying options - your max loss is just what you buy it for.
- zaroth 7y agoFor example the $500 call options on TSLA which expire on Friday. They were on-sale all month, giving you the option to buy a share of TSLA at $500 up until this Friday. Today they were selling for ~$85/share. But on Jan 1 they were selling for ~$5/share, and tomorrow morning it looks like they will be worth maybe $150/share. 30x in a month for a True Believer -- sure wish I had done it! [1] - https://www.marketwatch.com/investing/stock/tsla/option/TSLA%23A3120C600000 https://www.marketwatch.com/investing/stock/tsla/option/TSLA...