by 1transplant | March 27, 2021 4:37 pm
What is the Disaster Insurance[1] touted on Profit Wire? In case of a Market collapse you can make 40X your investment?
Source URL: https://www.stockgumshoe.com/2021/03/microblog-profit-wire-disaster-insurance/
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Barrick GOLD options
Would like to see comments on profit wire disaster insurance please
Considering the story is about preserving wealth in a crashing market, it is likely U.S. bonds or treasury bills, or a maket fund or ETF.
guys, if you listen to Stuckman’s video on this he clearly states it is an option position – most likely buying a way out-of-the-money DJIA or S&P put
Video started cutting out at the end when giving the free pick. But what I got out of it was Barrick Gold GOLD $17 Call option up to $6 but it was breaking up so I’m not sure I got all of it. Did anyone else get the whole thing in more detail?
Obviously buying put options on various entities.Not rocket science
The last report was GOLD 17 call 1-22-21 exp. 6.50 or lower