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Old 08-24-2020, 06:27 PM
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joshuanip joshuanip is offline
Joshua
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Join Date: Nov 2017
Location: Los Angeles
Posts: 539
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Concept will not work with cards -

too much counterparty risk, not just buying the derivative but also credit risk
no resale value on the option, buying an illiquid contract right,
So what if it is in the money and it expires, SOL
Or how do you even enforce the exercise?

Suckers bet.
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