Tag: put options
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![PSA: It is Actually Not Okay to Not be Okay]()
PSA: It is Actually Not Okay to Not be Okay
My mother tells me that “it is okay to not be okay”. This sort of thing comforts me for a moment until I realize that this quirky little phrase can only derive from one place: there are people out there saying and behaving like it is not okay to not be okay. Or (another realization),…
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![Hi Options, nice to meet you (not really)]()
Hi Options, nice to meet you (not really)
This was back in the day when I interacted in the same physical space as other human beings. I had tried to look somewhat professional, as one does when they get a new job. (And by this, I mean I brushed my hair and wore a blouse. No matter how I do myself up, my sister tells…
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Yahoo Finance-Harris poll confirms that armies of newbie investors are recklessly buying options
According to the latest Yahoo-Harris poll published on Sept. 9, 2020 – an astonishing 43% of retail investors said they are “using options, margin, or both.”
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![Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet]()
Bitcoin trader makes dumb greedy bet – loses $16 million – kills himself, triggering painful shotgun-in-mouth memory of even dumber, greedier Amazon (AMZN.Q) bet
A few weeks ago, a Chinese Bitcoin trader, Hui Yi, embezzled 2,000 Bitcoins, used them as collateral to take a highly leveraged (100x) short position on the price of Bitcoin. The co-founder and CEO of a crypto market analysis platform, Hui got the timing and direction of his bet horrendously wrong. WeChat messages indicate that…
