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Kevin Paffrath maintains that options can be used as an alternative to margin debt to control market exposure while reducing the risk of being liquidated by a bank during a market crash.
“and I thought okay well here now I'm only taking a 3.9 3.8 ish million dollar risk and I don't believe that's going to go to zero it could go to zero if I held them all but I can always trade for longer term options out in the future”
The Iced Coffee Hour · May 2021 · 1 episode · 120K views on this topicExtracted by a model; may misattribute who said what.