THis crap is going to tank the economy. 3/4 of the workforce will choose free money over work any day of the week. The free money will be GUARANTEED until past november, regardless of the virus for obvious reasons.
I've been looking at Tesla as a candidate for buying puts. A company that has never made money, but always lost money, selling a luxury item to a population out of work in a tanked economy. It rose so much so fast over the last year. It has fallen to under 1/2 of i's recent high. If it retreats from it's current 450ish back to it's 52 week low of 175ish, that a HUGE gain on puts. What do you think?
nah. If someone chooses to live on $12k a year, vs $12k + job income, then we probably don't want them working, and they freed up a job for someone that does want to work.
I'd buy more tesla now, but my job deals with schools and large groups of people, so even though I work from home, we have a very uncertain future at the moment.
If you ever find yourself in a fair fight, your tactics suck.
