starting to think i should readjust that limit order downhttps://twitter.com/Claudia_Sahm/status/1250026581118115841 …
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e.g. If you’re doing something like “buy 100 SPY @ 200” (commits you to spend $20k cash if SPY goes down by a lot) then you could just write a $200 strike put on SPY. Same outcome but you get paid a hundred dollars or so a month.
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I guess the x multiple on it long is an advantage where it's something to keep an eye on short
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A good point
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and here i thought i was just shitposting drunk
End of conversation
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