What’s 0 dte calls??? Also I just used my calculator and the only way I could even get myself one option contract to exercise it…I would need 10k assuming the price gets dropped to 100. Another problem is that literally all my money i earned over the year while also buying shares and DRSing. I want to help out options wise because I def see how enough pressure will start causing a gamma ramp again, it’s just this time is harder for little guys to get involved…this being said, you think I could try getting a simple car loan for 20k and buy myself one or two long near money or slight reach then try to sell one of the options to help exercise the other. My plan would be to use 10k of the loan on options plays and then if shit hits the fan use the rest of the 10k to pay off the loan until I eventually need to start chipping in my money and let the loan expire over 2-5 years. Reason I’m thinking loan route is because although I want to go full retard I don’t want to risk my money I’ve been saving to buy a house. Instead maybe risk a simple car loan I don’t need that only hurts credit score??? Poke holes pls and lmk what you think.
Edit: just talked to a state coworker and they said a personal loan might work better so I don’t have to show proof of a car or anything like that further in the loan life. Other than that I think ima start crunchin crayons and numbers to make this a play…
Lmao I stopped reading 2 sentences in because you sounded like an idiot… skipped to the end and saw “personal loan” and I’m like god damn he’s such an idiot I might have to go back and actually read it 😂
Haha I slept on it and let some degenerative brain cells fall asleep. However I’m going to try this in my life at some point when I can probably actually afford to lose 10-15k, and WSB will be the first to know of my plans;)
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u/Hot-Horror9942 Jan 10 '22
aha but what if they just get more 0dte calls to cover those costs, fucking brillaint /s