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/biz/ - Business & Finance

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>> No.12544777 [View]
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12544777

>>12544703
>selling options set to expire way past when you expect to be dead
Why dont people over 75 just abuse the fuck out of this? They could literally go all out writing naked calls on SPY set to expire five years or even a decade down the road and live like kings!
Or better yet, depending on the state, they could do it on their deathbed and leave the money to their estate while the liabilities to actually pay the sucker that bought the options vanish into thin air!

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