Re:GameStop Is Rage Against the Financial Machine
by chrchang523 on Wednesday January 27, 2021 @02:18PM
(#25932562)
The inferior tax treatment of put options relative to index funds also matters. Not tempted.
Yea, it does seem largely priced in, but perhaps not completely. If share price is $60 in 1 year, the ROI on that contract would be 9% -- so slightly better than what you'd reasonably expect an index fund to return. A $60 share price is higher than GME's all-time high prior this fiasco.