Airbnb shares hit the market today and doubled right away. This in a time when half the planet is shut down and many people are scared to travel.
HOW TO MAKE MONEY SELLING PUTS
The low-risk method for turning limit orders into cash.

Airbnb shares hit the market today and doubled right away. This in a time when half the planet is shut down and many people are scared to travel.
It is very hard to find a bargain anywhere, similar to June / July where everything popped, only to tank in value by September.
1) Sit in cash.
2) Buy now, expecting both a future drop and recovery.
3) Sell puts , treating them like limit orders and collecting cash while you wait for share prices to fall.
We'll focus on number three.
Anyway, back to the main content.
Sounds complicated, but it's not.
Here's a full explanation of the mechanics (with some simplified math):
You would collateralize $6,000 while being paid $46 as a premium. If Bristol-Myers closes lower than $60 on the 18th, you take possession of 100 shares.
HOWEVER...

You can also sell puts on ETFs like $VYM, $VOO, etc... which further lowers your long-term risk (if you're willing to hold long-term).
However, done right, this is a good way to generate extra cash while waiting for prices to lower on assets you already want to buy.
Unknown Market Wizards - https://t.co/RxUbYbatti
Stan Weinstein’s Secrets for Profiting in Bull and Bear Markets - https://t.co/uDF2fb2lKt
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Patriot Front broke away from white nationalist org Vanguard America following #unitetheright in #charlottesville after James Alex Fields was seen with a VA shield before driving his car into a crowd, murdering Heather Heyer & injuring dozens of others
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