Sunday, 23 April 2017

How to Make Money with Options

What follows is a direct quote from the London Evening Standard of Friday, 21 April 2017:

"Footballers' bus bombed in plot to profit from share price fall" by Ross Lydall

"Police today arrested a man alleged to have bombed the Borussia Dortmund soccer team's bus in apparent attempt to cash in on a resulting collapse in the German club's share price"...

"The 28-year old German-Russian man...'Sergei W'. ... was seized in the town of  Turbingen"...

"... a triple blast ... as the bus made its way  to the club's stadium"...

"German prosecutors today revealed the suspect had bought a large number of  'put options' ... in an attempt to secure a financial windfall."

[A similar tale is told in the movie Casino Royale.]

And if you want to know what is a put option, then I have a book for you: The Financial Times Guide to Options,  By Lenny Jordan.

Sweet dreams.

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