Reported about 2 months ago
In an update on the 'Trump trade' placed on October 30, the author shares experiences betting on Trump's company, which trades under the ticker DJT. The strategy involves a put option that allows the author to sell shares at a set price before the contract expires on November 15, 2024. Currently, the value of the put option has increased by 31%, indicating a higher likelihood of DJT shares declining. The author plans to hold onto the trade until after the election, aiming to learn and report back on the outcome.
Source: YAHOO