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Git$uum

05/27/2020 04:03

$Hertz Glo Hldg I think its fair to say that my 3 contracts of 2.5 Puts are going to land 300 shares in my lap on friday...... they better pull something off afterwards!
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All Comments(3)

Taybry05/27/2020 05:51
Is there a 101 on how to do this....

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Sinov05/27/2020 04:18
3 puts at 2.5 strike would be just under $600 if executed. As long as you have the funds it will buy the shares at market value and sell them each at $2.50. or you can buy the share when ever you think Its going to be at its lowest and it will just sell those.

Dir***com05/27/2020 07:05

I dont think they understand puts.........

Puts make you money when the stock looses value. Your 3 puts should earn you money. Buy 300 shares at the lower price possible before your puts expire and you will get the different between the price you bought it for and your strike price of $2.50

Git$uum05/27/2020 04:20

I guess it wont be that bad of a deal if thIs company pulls out of it slightly and i can eventually make💰! Thanks for the input

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BigBull🤑💯05/27/2020 04:08
can always buy calls to even out

Git$uum05/27/2020 04:13

Can you give me an example of how that would work? Id appriciate the assist

Git$uum05/27/2020 04:12

Shit my luck hadnt been all that great. Im learning falling forward, but unfortunately the lessons learned here cost skrilla 😂

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