You dont get the post. Options are adjusted for splits. This person/troll is posting that since the stock is splitting the options will suddenly become worth bazillions as the price "goes down" to its split price. Trust me, it doesnt work that way.
Blazin
will chime in at some point. My belief is this will be the most litigated election in history. I think it will surpass 2000. Based on the article below, there are nearly 200 existing lawsuits in various states concerning voting changes. This doesn't even scratch the surface of what happens after the voting is completed. I have studied politics for a long time and I can tell you that unless the election is a true blowout and either Biden or Trump absolutely crush it, the lawsuits will be epic.
www.marketwatch.com
So the election is about 10 weeks away. I am beginning to wonder the best way to make money on it. Hopefully
The market hates uncertainty. In 2000, the S&P 500 fell more than 8% in the 5 weeks that Gore/Bush was being litigated. I am thinking of loading up on SPY puts. Less risky, of course, is to just hold my cash until the election and be ready to start buying quality on discount when the market tanks as we wait to find out who are President will be. Thoughts?
Why stock-market investors are bracing for the 'most litigated' election in U.S. history
An unclear outcome in the Nov. 3 presidential election would spell trouble for the markets, an analyst warns. Investors just have to think back to the 2000...
One thing I would consider if you havent is this... If Biden wins then the odds are high the Dems hold the House at a minimum. The Senate is a toss-up at this point, but Kamala would break any ties. Consider the possibility that a Dem controlled government does some crazy long-term moratorium on evictions/foreclosures. This could really make housing hard to predict and put a real ass fucking on owning rental property.
I disagree with the concept of "kill the market". Dems are bought with the same money that drives the market, just like Republicans. While some of the new, crazy (and poor) members of Congress might think this way, the majority have been there long enough to have gotten exceedingly wealthy being paid to keep the market flowing. They wont slit their own throats. Self-preservation and greed are a part of their DNA.
Being a bit of a gambler I had already bought a few SPY puts, 11/20 320 strike but I may have a problemSo the election is about 10 weeks away. I am beginning to wonder the best way to make money on it. Hopefully
The market hates uncertainty. In 2000, the S&P 500 fell more than 8% in the 5 weeks that Gore/Bush was being litigated. I am thinking of loading up on SPY puts. Less risky, of course, is to just hold my cash until the election and be ready to start buying quality on discount when the market tanks as we wait to find out who are President will be. Thoughts?
Why stock-market investors are bracing for the 'most litigated' election in U.S. history
An unclear outcome in the Nov. 3 presidential election would spell trouble for the markets, an analyst warns. Investors just have to think back to the 2000...
Blazin is much more the expert on pricing options. Hopefully he swings in at some point.
And NVDA crushes it.
