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Adam Sosnick - The Michael Sartain Podcast

The Michael Sartain Podcast

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How to Buy a Put Option

It's like if you're familiar with reverse mortgages yes kind of like you can cash out your house uh and get a payment today. What it feels like i come from the stock option space right feels like you're buying a put option on yourself meaning if i go bankrupt or die then i get the payout which is what would happen if you bought a stock up If you bought aPut options they expire and same thing with these contracts but in fact the whole option works exactly the way the actuary tables work.

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