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Re: BBANBOB post# 699182

Wednesday, 11/30/2022 11:02:41 AM

Wednesday, November 30, 2022 11:02:41 AM

Post# of 749756
"be like water" was the mantra of Bruce Lee...in other words adapt to all possible conditions to take full advantage of a situation.... some weeks ago, I gave you a play on an option while you were waiting for "hero, or Zero"...did you read , and take the advice... while you are waiting for 'Hero", you could have pocketed 22 dollars per share to STO the jan 65 Put... if exercised, it would put you into coop at 43 dollars per share...the 22 dollars could be put in savings to guard against your "zero" option.. so, my point?...if those classes of debt you own do not pay out, the "Zero" part of your bet will result in 15 years "wasted with no monetary return"... the worst part is the loss of time, which cannot be recouped...so, the position becomes a "TOTAL LOSS"... both time and money.... Lodas
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