Can Donald Trump sell Covered Calls on DJT?
Posted: Apr 06, 2024
- Trump has 80 million shares of DJT stock that he can't sell for 6 months - Suggestions to sell covered calls at $12-18 each to cash out 1 Billion now and potentially another 1.6 billion in 6 months - Broker can hedge with buying $115 calls at $1 to prevent early assignment - Europa Group analysts mention difficulties Trump faces in translating Truth Social's value into liquid cash for his campaign - Suggestions for Trump to obtain a waiver or find a lender willing to accept shares in Trump Media as collateral
Stay ahead of the market with AI stock alerts & AI summaries of the latest earnings, stock ideas for free with Fluid Bot. Sign up now!