3 ms·
Yeah you can't do it through the platforms, but if you know someone bullish IRL there's nothing stopping you from making a meatspace agreement to sell them 100
by bpodgursky 5y ago
Yeah you can't do it through the platforms, but if you know someone bullish IRL there's nothing stopping you from making a meatspace agreement to sell them 100 shares of backblaze for $10 one year from today.
- erik_seaberg 5y agoI think the SEC would view that as an unregistered put option (only legal for accredited investors), though I can imagine a gentleman’s agreement to quietly settle it in cash.
- bpodgursky 5y agoYeah I mean, you also can't really bet on football games, but...
- notyourday 5y agoThat does not account for the counter-party risk