He does have loans, but a lot of people think he still has them from purchasing Twitter, but he actually went away from that during the Twitter purchase. Im sure its a lot without twitter even, but its not the crazy large number it was briefly.
Thats not how puts work. Thats shorting the stock directly.
A put is an options contract. You can never lose more than your purchase.
If you pay $5.00 for a Jan $50 strike, you pay $500 (1 contract is 100 shares). As the date comes closer it becomes worth less, but as it approaches $50 or goes below it also becomes worth more. You can make a lot of money on a far out of the money put that goes near or in the money.
If it was $50 in November that put might be worth $40 (x100) so $4,000 and you paid $500.
The put becomes worth nothing if its over $50 by strike date.
Its a much safer way to bet against something than directly shorting.
I do have a LG TV and I did connect it to the internet a long time ago. Im super annoyed at how they push updates in a way they try to make you press OK as you were doing something else.
Anyway, after accidentally triggering one, I turned the TV off interrupting it.
Now it just prompts me to continue it, to which I say no. It doesnt seem to be able to move beyond this now, so I've kind of locked it into where it is for now.
For reference, of all the shares that were sold in the IPO, only 281m are able to be traded, the rest are in their own lockup periods from institutional investors. So 1b potential shares flooding the market in 1 month could increase the float by 3.56x
Why cant they rebind them in some sort of ring binder? I guess the answer is money, but that should be possible no?