FMG 3.09% $17.34 fortescue ltd

Seriously. He sold puts. So he is slightly bullish. He earns his...

  1. 956 Posts.
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    Seriously. He sold puts.

    So he is slightly bullish.

    He earns his premium if the price is stable or goes up. Gets smashed if the price falls (like you say he wants it to) unless he has other protective option in place limiting his downside.

    This has been explained to you many times.
 
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