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Re: Nebuchadnezzar post# 50877

Tuesday, 07/20/2021 11:26:53 PM

Tuesday, July 20, 2021 11:26:53 PM

Post# of 86130
Want to make a Million over night?

Sell the Jun 23, $1400 Strike, pocket over $1 Million immediately. Subsequently, take the $1 Million you receive and buy 1,550 shares at current price. By Jun 23, if Tesla is over $1,400 per share, You have not only made the initial $1 million plus, but nearly $2.2 Million out of thin air in just 2 years time.

You may say, you need $1.8 Million of cash to cover those puts. Not exactly. This is where leveraging leverage comes in. Take advantage of your margin account. You won't tap into margin unless your Put options get assigned shares. You can also use equity from your real estate to fund your account, then subsequently pay back your drawn equity with the premium or partial you received. But, ask yourself where you see Tesla will be in 2023. I think we will be well over $1,500 sometime next year alone. Chart already ripe for ATH again and not to mention all the the upcoming catalysts too.
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