Heard on the Street: An Investing Genius Meets a Stable Genius
March 28, 2024
Bill Gross Says Stick to Value Stocks, Avoid Tech as US Yields Soar
April 25, 2024Trump Media Options Are So Costly Bill Gross Wants to Sell Them
By Bailey Lipschultz, Carly Wanna, and Yiqin Shen
March 28, 2024
‘Genius’ can be investor with ‘courage to sell’ options: Gross
Cost to short DJT has skyrocketed to between 400% and 500%
Trading options tied to former president Donald Trump’s media company is attracting meme-stock traders and Wall Street professionals. Add to that list erstwhile “Bond King” Bill Gross.
The eye-popping costs to flip derivatives betting on Trump Media & Technology Group Corp. given expectations for more wild swings was called out by Gross in a post on X.
