Naxster
commented on
$GameStop (GME.US)$ I don't know how many of you guys already trade like this or not but when I'm ready to buy a stock and hold it long term what I do instead of just purchasing stock I will sell a put option at the price strike of where I feel comfortable purchasing stock now one of two things will happen either it goes in the money and they assign you and you get to stock for the price you wanted anyway and on top of that you get a discount because they paid your premium up front or it expires worthless and you get free capital for those of you that don't already do this it's a great way to buy long-term shares...
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Just look at the lvl 2 trade orders list. See all the sell orders for 100 shares at a time? Nobody sells this way, it's an attack to try and drive the price down and convince people to sell. HOLD STRONG! They are still 40million shares short. They need your shares, regardless of the price. But if the shares aren't available to buy, they have to pay a higher price.
💎👐 To the moon!
$AMC Entertainment (AMC.US)$
💎👐 To the moon!
$AMC Entertainment (AMC.US)$
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Naxster
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$AMC Entertainment (AMC.US)$ The hedges can only short ladder for so long, folks. take advantage of the price drop and buy in a bit more. c:
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Naxster : How do you do this? I don't see anything about put options in the trade menu.