Bought a stack more of ZYBOA today
To those who don’t get options As an example you buy 1m oppies and pay 2.4c then exercise at an additional 1.2c in a few days once they settle....total price of 3.6 cents...
Your only risk to lose money is that the shares drop below 3.6 cents - based on the recent bull run and unprecedented buy side support that is to me a very minimal risk.
Worst case to me is next week the shares will remain at 4 cents...more than likely be north of 4.5 cents...
You sell next week upon your options exercising and at parity 4 cents today you have just made $4k for every $1m options you buy....
If that isn’t a near risk free way to make a quick $4k I don’t know what is....by the way at 4.5 cents you make $9k.
Good luck to all holders - ZYBOA really is the gift that keeps on giving....
Bought a stack more of ZYBOA today To those who don’t get...
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