Reported 25 days ago
Rick Newman, after observing and analyzing the so-called Trump trade associated with the 2024 presidential election, decides to make his own financial bet by purchasing an options contract on shares of Trump's company, Trump Media and Technology Group. This move is aimed at either capitalizing on or mitigating the risks stemming from the election outcome, although Newman admits he has little certainty about who will win. He highlights the fluctuating views in betting markets and discusses the potential implications for Trump's business if he loses, alongside reflecting on his previous trading experiences.
Source: YAHOO