U.S. election bet: turn $50 mln into $1 bln -trader

dealmaker said:
Posted August 28, 2020

How can an options trader turn $50 million into $1 billion by around U.S. election day? Hercules Investments CEO James McDonald is betting on the return of market volatility, telling Reuters business correspondent Conway G. Gittens investors have become too complacent with this bull market run.
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Hmm. I doubt it, because this would mean 1800% profit.
This is nearly impossible with options, IMO.
But, maybe about 400% could be possible.
 
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