People invest a lot in products like life insurance, medical insurance, equity of the company that he/she is working, etc. But leading a life without a job is the most difficult part of it. Your job depends on the company. If company is closed or is not performing, you get unemployed. In both the cases, its stock price falls to its all time low price. So, buying deep out of the money long term put option is always better. Let us assume the income of an employee is Rs.5lac per annum. If he invests Rs.5000 and buy a Rs. 0.05 worth 100,000 put options, the day the company closes, the price of the stock would become negligible. The profit that we get is much higher and the unemployment makes us rich.
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