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>You Could Have Turned $500 Into More Than $50,000 In One Day As Market Got Clobbered: Here's How
>On Tuesday, put contracts on the QQQs with a strike price of $469 that expired Wednesday afternoon closed at $.05 a contract, according to Robinhood Markets (NASDAQ:HOOD). At the time, the QQQs were trading at more than $480 a share, making it very unlikely that the index would trade below the strike price.
>At their highs on Wednesday, those same contracts that would have cost $5 on Tuesday, were worth more than $510 a pop. This means that 100 contracts of those specific puts could have been purchased for $500 on Tuesday, and sold for more than $50,000 on Wednesday, good for a gain of more than 9,900%.
All you have to do is just predict the future and gamble on options bro
