Dear Option Pit,
I designed a trade that allows you to control 1,000 shares of “Magnificent 7” stocks like Apple, Amazon and Nvidia at a 98% discount.
Here's what I mean:
1,000 shares of Apple outright would cost you $188,000.
You can control 1,000 shares for $1,850.
1,000 shares of Amazon outright would cost you $168,000.
I got mine for $2,350.
1,000 shares of Coinbase outright costs $119,000.
I got it for $2,250.
Last summer, I asked myself what options there were for a $10,000 - $25,000 dollar account to make money on stocks over $100.
Stocks like Apple, Amazon, Google, Facebook, Microsoft, Nvidia and Tesla…
Volatile stocks leading the market with lots of room to profit.
I didn’t like the answer.
Buy stock?
You could afford maybe 1 share each.
Buy puts?
So many people talk about these being overbought - but if you think you can successfully “call the top” on a Magnificent 7 level stock, just save yourself a trade and set your money on fire.
Buy calls?
You know as well as me that these names can see a quick haircut that could blow up a call position.
I designed a Directional Trade that removes variables I can’t control.
So instead of: