Reported 20 days 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