Earn by $80 selling cash secured put options costing $800 on riot that takes 30 days
Hey there, folks! Let's talk about a saucy strategy in the world of finance - selling cash-secured put options. It's like dating the stock market, but with a twist of sexy financial allure.
Imagine you've got your eyes on Riot Blockchain (ticker symbol: RIOT), currently priced at $8. Now, here's the fun part: you decide to sell a put option with an $8 strike price. But to keep it all safe and secure, you've got to have $800 in your account, that's your premium. Think of it like your financial lingerie; it's there to cover you.
Now, why is this intriguing? Well, for starters, you pocket an $80 premium (0.8 premium per option). That's some sizzling cash in your pocket! But here's the kicker - it's only for 30 days. It's like a flirty one-month affair.
If RIOT stays above $8, you keep the premium, and it's all profit. But if things go south, you might end up buying RIOT shares at $8, which is a pretty sweet deal if you believe in its future.
This strategy's like the stock market's little black dress – sexy, with an element of risk. Just remember, it's not a one-size-fits-all approach, and you should do your homework and consult experts before diving into these financial affairs. But when done right, selling cash-secured puts can be a thrilling and potentially rewarding experience in the world of trading. 😜💰📈
@Daily_Discussion @TigerStars @MillionaireTiger do feature me on this riot stock
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