Options-Trader Bug

[kanzeon_2040]

I've applied for permission to trade options via my play money account at Fidelity.  I want to start making bear bets on individual stocks by purchasing put options.  If I think specific stocks are gonna fall >90% I should try to make a bit of profit on the way down.  Tesla and GameStop are doomed for sure :-)  The only problem is how long until

Comments

[matrixmann]

Actually, warrants are the only thing that's relatively easy to calculate and handle in all stock market products. Even though speculating with them should be handled with care because, the more the result which a specific warrant aims for, the stronger they can climb or fall and become quite expensive for each piece.
Otherwise it's like a literal bet on a certain result - like putting a bet on a horse or anything in a soccer game.
Casino gambling with a little brains. ("Brains" because it's possible to somewhat calculate to a certain extent what the course of the stock you place your bet on will be like.)