ChristianKl comments on Things I Wish They'd Taught Me When I Was Younger: Why Money Is Awesome - Less Wrong

32 Post author: ChrisHallquist 16 January 2014 07:27AM

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Comment author: ChristianKl 17 January 2014 01:12:56PM 2 points [-]

Not really. Deep out-of-the-money options can provide a LOT of leverage.

That assumes that nobody passes a law that makes enforcing contracts about deep out-of-the-money options impossible.

If you believe in serious actions against the finanical sector there might just not be a trustworthy counterparty for the deep out-of-the-money options that will pay 20 years in the future.

Comment author: Larks 20 January 2014 04:23:09PM 1 point [-]

Then have them post daily collateral.

Comment author: ChristianKl 20 January 2014 04:31:18PM 0 points [-]

What do you mean specifically and how would you go about buying such an option contract?