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Stock Question

posted 2 years ago by Windows8866 2 years ago by Windows8866 +16 / -0

I know you guys aren’t financial advisors, but the husband is doing something I don’t understand. He’s planning on buying Disney stock so that when it tanks he’ll profit. The rest of our money is in DWAC, 1000 shares. Is what he doing safe?

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– Mr_A 3 points 2 years ago +3 / -0

Politically Disney is heading downhill. I wouldn't buy Disney, on that alone. But selling an option depends entirely on the price and the time period, which your husband will know. The investment could be really stupid or really smart depending on those variables. I'm afraid I don't care enough about the stock to be informed about it, so I can't give you an informed opinion.

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– Windows8866 [S] 2 points 2 years ago +2 / -0

Thank you. Appreciate your explanation for me and the information.

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