FREE Stock Picks, A FREE Chatroom, FREE Market Data, FREE Downloads, Gold, Silver, Crypto, MORE! Click here: https://traderschoice.net/
6 Comments
4 more comments...No posts
FREE Stock Picks, A FREE Chatroom, FREE Market Data, FREE Downloads, Gold, Silver, Crypto, MORE! Click here: https://traderschoice.net/
No posts
Well to all retail stock investors, does anyone remember the retail investors that kept pushing
up the GME stock to super high stock price and the dumb bastards in the Hedge Fund Shorting
it had to eat every last one of the puts they wrote to go to the point of wipe out bankruptcy
as they had to come up with the stocks to sell under the put options written when called.
Writing Puts is certainly "not" like writing Call Options. If you write puts you're on the hook
for the stocks at the strike price and that's it especially when going naked put option writing.
Now if you are in a Las Vegas Casino, you probably would do some crazy bluffs and stunts
on the dealer so the House, "but" the House will win eventually. They usually figure out or
catch the gamer playing games and then take them into custody in the Casino and then
an "interview" which results in the "gambla" never playing in the casino ever again.
No, it's my contention, if you see a sweep put play, I would suggest driving the stock up
to higher and higher price so the a__ holes playing that schtick get hammered and you
get rewarded by just buying up the stock to higher and higher pricing.
One stock I just saw in commodities is FCX. Someones playing a sweep put so drive up
the stock and burn the bastards.
So much for pulling this sh__ on the regular investor(s).
Piss on them!
Love it