Big Short 2.0

[The Animator]

2. I'll probably stagger it...

I've only decided to get back into options trading, earlier this week and haven't had time to do much research...

For now I really only have DJX as an example. If I placed a Put on the Dow I'd need to save up a bit before I could sink enough in to make a difference, but I 'd start with a June 19 just outside the money. It looks cheap enough that I could afford three, maybe four contracts. Enough of a profit to make the initial risk worth it, especially if it drops the way it did in 2007.

Not betting the rent money on it. But I want to get in sooner rather than later. If the economy lasts another year as is, I'd be surprised, but I'll also have more time to save up for future investments. If I wait til I can afford a two year I might miss the chance.

Like I said, going to take more time digging into it over the weekend...