What’s the easiest way for a n00b who doesn’t have a brokerage account yet to buy puts on Tesla ($1000-1500) with a strike date in 12+ months? And how is there no credit risk that the counter party will go bankrupt if the stock collapses?
What do you think the stock price will be in 12 months?
TSLA puts are very expensive
The 09/17/2021 $1,000 puts are trading at around $100, the $1,500 puts are trading for about $260
For a breakeven of $1500 you would have to buy the $2,000 puts which are trading for $500