#SecureYourAssets
Yesterday on Wall Street.. the $1,000 turned into profits of $1.4 million in hours after Trump's suspension of 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 was related to options contracts on an exchange-traded fund that tracks 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 validity of the contract expires at the end of the trading session itself.
Due to this constraint, these contracts were offered at a price not exceeding one cent only.
However, after the strong rises recorded by the S&P 500 index following the announcement by U.S. President Donald Trump suspending tariffs for 90 days, the price of the contract jumped from one cent to $14.58 in just four hours.
This means that if someone had invested $1,000 in this contract, they would have achieved $1.458 million by the end of trading!
In Arabic, it is akin to a game of roulette in a gambling casino!
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