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CodedFlow
Feb 14, 2019 3:02 PM

DB - puts bought Short

Deutsche Bank AGNYSE

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- a walking disaster

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Europe as a whole:

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bought put for 7$ strike at April 18... any advice ? could have i picked better ? appreciated ! i am breaking the ice for options...
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verty
Could you do a longer term put option? Like say December 2019 to really change your probability this thing sinks?
CodedFlow
@verty, sure ... should i do that ?
Derivati_Capital
@LoLBeach, the more time you buy the cheaper it gets per unit. Yes the contract will be more expensive, yes that will hurt your cost basis and lower your potential profit multiple - but if you are confident of further downside in the medium/long term, it irons out any short term nonsense to the upside.
CodedFlow
@Tchitchikov, i know :) thanks!!!
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