08-06-2022, 07:03 PM
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
![](https://i.imgur.com/CLvY2jA.png")
Nancy Pelosi buys $2M worth of call options...
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
08-06-2022, 07:10 PM
She bought $80 call options for $70.
Apple now is $148. Means she paid only $2 extrinsic value 9 months to expiry.
It's almost like a margin position at a very low cost of 1% interest....and some downside loss limits protection against a low probability event of Apple collapsing by more than 50%.
Apple now is $148. Means she paid only $2 extrinsic value 9 months to expiry.
It's almost like a margin position at a very low cost of 1% interest....and some downside loss limits protection against a low probability event of Apple collapsing by more than 50%.
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.
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