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Tuesday, July 13, 2021 1:28:10 PM
Helen has 3333 shares that she was convinced to harvest to buy back lower after 30 days.
Karen convinced Helen to buy 100,000 TTLLF for a mere $1,380.
Helen bites her nails hoping the sp doesn't go up and that there is no bo within 30 days.
Martha says "ta da" here's $23 per share for you ladies 20 days into the harvest.
Helen says let me get my calculator and figure out how much loot I have.
100,000 ÷ 30 = 3,333 shares (protected)
Bo. $23 - $16 strike = $7 / share profit.
3333 shares x $7 profit = $23,331. Sweet!
Now what would Helen have had if she just held her shares?
3,333 shares x $23 bo = $76,569..... crap. Helen is unprotected.
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