this post was submitted on 19 Jun 2024
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Technology

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[–] algorithmae@lemmy.sdf.org 13 points 5 months ago (2 children)

I wish it were as easy to make money on stock prices going down as it is to make money on stock prices going up

[–] technocrit@lemmy.dbzer0.com 7 points 5 months ago* (last edited 5 months ago) (1 children)

Pretty sure the entire system is based around making the line go up regardless of everything else.

[–] algorithmae@lemmy.sdf.org 2 points 5 months ago

I can't reliably predict when line go up, but I have a pretty good idea of when line go down. Let me make money on that lol

[–] pineapple_pizza@lemmy.dexlit.xyz 2 points 5 months ago (1 children)
[–] algorithmae@lemmy.sdf.org 1 points 5 months ago (1 children)

I'm not employed by Nvidia though? Unless I'm misunderstanding

[–] pineapple_pizza@lemmy.dexlit.xyz 6 points 5 months ago (1 children)

Anyone can trade options. See https://www.investopedia.com/terms/p/putoption.asp

This is very risky though, I wouldn't recommend doing this without some training and research.

I'm Not a financial advisor

[–] algorithmae@lemmy.sdf.org 2 points 5 months ago

That goes back to my original point, "I wish it were as easy..."