I have to share this with you! Just have to…, because I still can’t believe it.
March 10th, 2020 will go down in history because my BlackRock “put options” bet grew from US$1.37 to US$65.71 when I sold them earlier today after just 19 days that I held them in my portfolio. Incredible!
This means a huge milestone toughwards retirement and opens-up huge new investment avenues for me. This is just crazy!
Just as I suspected, over the past weeks the fears and the growing Corona pandemic hit the financial markets big time and pretty badly. Although I belive that this is still not over yet – to me it was time to get out after the stock markets crashed badly yesterday.
I still had 10 days left on my options, but I tought that I shouldn’t be too greedy because turning 9k into…, I just leave it to you to do the math here, in 19 days is more than enough in one operation, even for me. This to me is like hitting the “Jackpot”!
And this calls for a huge celebration with my friends and tomorrow we are going to Paris on a party spree until Sunday night.
Over and out!
For now, but I’ll be back soon.