Placed an option on Disney bye

yes dot

Btw*

everyone is lost here

repent ye sinners

oooo beezy

we must do our duty and remove California

especially dotty

no more califs

Why am I a sinner

I’m about to make so much money

ur telling me California means "land of the sand niggers"?

what makes you say that

isnt disney like

@excursion12 (redha, richtginger) yep

well

THE sand nigger

not doing too great lately

it all makes sense now

I placed an option at 148 the stock is valued at 144

it was doomed from the start

Derivative security baby I get to sell at 148

Instead of 144

https://tenor.com/view/scootaloo-mlp-gif-11798848

so the sale triggers at 148

or am i misunderstanding something

Nah I think the stock will go down more, I have the right to sell at 148 but I won’t sell until the stock goes down a bit more I’m thinking about 140

148 dollars? 148 percent? 1:48?

oh so your betting on it going down

It’s a derivative security

the fuck are these numbers

Yeah

<:thinking_clown:590855640268668928>

idk this is confusing how does that work

how do you make money by the company losing money

It’s a derivative security u r kinda like buying the right to sell or buy at a specific price, it’s dependent upon the performance of the actual security

But with this method I can lose more than ur principal

My principal*

wellp

Derivative securities is how people get returns of 200%