$GraniteShares 2x Long COIN Daily ETF (CONL.US)$ let's suppo...

10baggerbamm commented on a stock · 22 hours ago

$GraniteShares 2x Long COIN Daily ETF (CONL.US)$ let's suppose you don't like selling puts flip the coin if you buy this stock right now at 25 bucks you can sell in November 15th 25 call for $4 so buy a thousand shares 25 Grand you sell the call simultaneously you put four grand in your pocket you got a $21 cost basis from a hedge standpoint. if in 2 weeks it's called away above 25 so what you made $4,000 bucks that that's 16% that you made in two weeks.

premiums on this stock are insane! they are phenomenal

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10baggerbamm

36 yrs in the trenches, raised 100mil for start ups, syndicate ipo's, yrs on trading desk mkt maker. R/Everythingstocks

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