2 ms·
Had they made that bet with out options in mid to late feb they could be a millionaire. For political bets you can bet on betting sites. Much harder to earn an
by graeme 7y ago
Had they made that bet with out options in mid to late feb they could be a millionaire.
For political bets you can bet on betting sites. Much harder to earn an income though.
- tomp 7y agoAlthough market reaction is fundamentally hard to predict. It caughy many by surprise that markets reacted positively when Trump was elected. Or when there’s 150k people dead from coronavirus.
- TheCowboy 7y agoThis is one of the rare times that I obviously should have done just that, but usually it's hard (for me at least) to really think of ways to carry some forecast over into the stock markets.
- graeme 7y agoYeah I’m kicking myself over it. I knew enough to withdraw my money from the market on the 24th (took the decision the 22nd on a weekend). But I literally forgot about puts. I was under the impression you had to be an accredited investor. I was thinking about withdrawing on the 20th/21st of feb, when spread happened in Korea and Italy locked down some northern towns. Puts were still very cheap then.