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348- Betting with Options
InvestED: The Rule #1 Investing Podcast
The Biggest Problem With Options?
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If you buy an option for 35 dollars, at the end of next year, it's going to run out. And if they didn't build the golf course, you got to go by that option again. The biggest problem with options is that there's no time factory. You sit on this thing for years, and maybe ten years from now it's worth 200. Or maybe it's worth a thousand dollars a year. So also, in order to not pay a huge amount for the option, you're basically having to move away, away from the money. I think we need to stop our sons, be sure to look at the elephant’s face when it starts to pucker
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