"Bill Gross Considers Selling Expensive Trump Media Options"

1 min read
Source: Yahoo Finance
"Bill Gross Considers Selling Expensive Trump Media Options"
Photo: Yahoo Finance
TL;DR Summary

Bill Gross, the former "Bond King," is attracted to trading options tied to Donald Trump's media company, Trump Media & Technology Group Corp, due to the high implied volatility and potential for large premiums. The company's stock surge has led to a frenzy of speculative trading, with investors using options, short bets, and warrants to get in on the action. However, the high costs of options contracts and borrowing, along with the limited availability of shares to trade, have made it particularly volatile and expensive to bet against.

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