RE:Shorting HIVEI don't understand why people private message me questions to my posts..
Last time I shamed someone for talking cr@p on the board about me, and then secretly private messaging me singing my praises, stockhouse removed the post.
So I guess I can't do that again.
But I will say this. RESPOND TO THE THREAD ON THE BOARD. so all the mouth breathers can learn.
but to answer your question, yes you can buy options in a TFSA.
But make sure you understand options first.. setting the wrong expiration or strike price can lead to big problems.
But assuming you know what you're doing, shorting HIVE at $6 is a sure thing.
-Bac0n
Bac0n wrote: hey all,
for those of you like me that understand options (obviously none of the posters understand what options are, but maybe some readers do)
Shorting HIVE if it ever manages to get to the $6 level, is pretty much a sure thing.
HIVE doesnt have the capacity to stay above $6 per share for long. Its share structure won't allow it, the market always corrects.
so lets say Bitcoin goes to 80K over the next few weeks (thats a big IF) but if that does happen and HIVE gets a shot in the arm to $6.
Buying some put options with just a few days expiry, is almost guaranteed to make you money. Last time I did this it turned me a quick buck with practically no risk.
you're welcome
*sips scotch*
-Bac0n