Yesterday on Wall Street.. The $1,000 turned into profits of $1.4 million within hours after #Trump suspended the tariffs 🔥🔥
How did that happen?
"Wall Street" witnessed a historic deal yesterday, Wednesday, which some investors benefited from, but it was fraught with high risks.
The deal involved options contracts on an exchange-traded fund tracking the S&P 500 index, known as SPY.
The contracts in question, which are options contracts with specific terms, are considered high-risk, especially since the contract's validity expires at the end of the trading session itself.
Due to this constraint, these contracts were offered at a price not exceeding just one cent.
