/biz/ - Business & Finance

Reposting from the previous thread for coomers.
If you're worried about GME dropping in the short term, a play like this might be interesting to you. You have no upside risk if GME goes to mars (you'll make 6$ per set regardless of how high it goes), and your sweet spot is in the 12.50-13.50 range. In order to fall below 12.8 major institutions would have to sell. Break even is 11.95. If it does fall into the 12.50-13.50 range you'll make 55$ per set of contracts that you open.
If you're not familiar with what you're looking at, this is:
>Sell 12.5 Put
>Sell 13.5 Put
>Buy 14 Put with the premium from the previous two

If you're worried about GME dropping in the short term, a play like this might be interesting to you. You have no upside risk if GME goes to mars, and your sweet spot is in the 12.50-13.50 range. In order to fall below 12.8 major institutions would have to sell. Break even is 11.95.
If you're not familiar with what you're looking at, this is:
>Sell 12.5 Put
>Sell 13.5 Put
>Buy 14 Put with the premium from the previous two