HEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHEHE. 113.26 as we speak down from 123 this morning

  • Sbebg [none/use name]
    ·
    2 years ago

    Puts can’t lose u infinite money. Puts are safer lol u can only lose what u put in unless it’s on margin

    • zifnab25 [he/him, any]
      ·
      2 years ago

      Buying Puts/Calls can't cost you infinite money. Selling them can.

      So you're normally paying a risk premium on options. In this particular moment, its lucrative. But - much like with any gambling house - buying options is very easily a losing game long term.

      • Sbebg [none/use name]
        ·
        2 years ago

        I have learned to only buy options when something dumb is happening. Which is rare. Like how I shorty crypto when something dumb is happening as well. The key is to only trade a few times a year off of cataclysmic events like Luna or usdn depegging or elon musk going insane on Twitter