![](https://i.imgur.com/CLvY2jA.png")
15-09-2023, 12:04 AM
Options are there to protect fund managers from losing money in their stocks and their jobs. Only ignorant people like sgbutt will tell you otherwise.
Tell me how I can lose money in the trade strategy below and I buy you a merc.
I sold a call and buy a put to protect my 100 Tesla stocks. At expiry date I am 100% sure to win $133 or $633. Meanwhile I got to keep $1285 in cash premium while waiting for expiry, earning extra interest.
How to lose?
![[Image: Screenshot-2023-07-31-22-56-57-43-9e56ca...fc5063.jpg]](https://i.ibb.co/zm1BK4S/Screenshot-2023-07-31-22-56-57-43-9e56ca401a979308cf948d6377fc5063.jpg)
Tell me how I can lose money in the trade strategy below and I buy you a merc.
I sold a call and buy a put to protect my 100 Tesla stocks. At expiry date I am 100% sure to win $133 or $633. Meanwhile I got to keep $1285 in cash premium while waiting for expiry, earning extra interest.
How to lose?
