RE:Why does BacOn want to buy puts ? Buying PUTS is a mechanism to short a stock.
I disagree that HIVE is going to go up much at all short term, and I am certain that it will correct back to the downside BIG TIME by end of year.
thats why I want to short it.
and lets face it, im the only one on this board that has been right about anything. the rest is just noise from peasants.
*sips scotch*
-Bac0n
risky wrote: Can anyone explain if he wants the price to go down or up...whats the point of them > to me HIVE is set to explode up, but what does he know if he wants to short it.
thx