Yeah, that’s the problem with puts & calls.
you can be exactly right about what’s going to collapse or skyrocket, but if you get the timing wrong, it’s like Gene Wilder in the Willy Wonka movie: “You get NOTHING! Good Day SIR!”
I will look at some of the puts you mentioned, myself.
Kicking myself I didn’t arrange to buy some of that Donald Trump tech stock first thing in the morning Monday, when I heard about it Monday night. I probably could’ve made a fair amount by the equivalent of a housing flip :-)
More getting in legal hot water, hmmm.
Former Clinton Operative Charged With Securities Fraud
Steve Bachar, who specializes in ‘socially responsible’ investing, also accused of stealing funds earmarked for life-saving PPE at height of COVID-19 pandemic
https://freebeacon.com/politics/steve-bachar-clinton-fraud/
Andrew Stiles • October 26, 2021
Authorities in Denver have ordered the arrest of Steve Bachar, a longtime Clinton operative and “socially responsible” investor who has been charged with felony theft and securities fraud. The former co-chair of the Clinton Global Initiative is also under investigation for unrelated allegations that he mishandled millions of dollars allocated for personal protective equipment at the height of the COVID-19 pandemic.
Bachar is accused of stealing as much as $1 million and lying to an investor “in connection with the offer, sale or purchase of a security,” according to the criminal complaint filed by the Denver district attorney’s office. The crimes are alleged to have occurred between October 2017 and August 2018. The former Clinton operative told the Denver Post the criminal charges were “outrageous, unfounded, and false,” and he looks forward to letting “the facts come to light.”
Bachar, who served as White House advance lead and in the Treasury Department under former president Bill Clinton before joining the Clinton Global Initiative, also served on the national finance committee for Hillary Clinton’s failed presidential campaign in 2016 and as an adviser to former governor John Hickenlooper (D., Colo.). His private sector career as a corporate attorney and cofounder of Empowerment Capital Management was focused on “socially responsible investing.”
[more at link]
I got really lucky on the Trump stock as I bought it premarket at about $10-11 on a lark.... my brother is kinda upset with me for not telling him about it but as I said it was sort of a lark. when it hit the 150s I took out my original investment so now what I have is pretty much free money and I don’t care if it goes up or down.