Quick Tip: How to buy a stock cheaper than the current market using options. #stocks #options

#shorts I want to buy Robinhood but I don't want to pay $8 per share. I can go out and sell a put option against the 100 shares i'd like to buy at the $8 strike price, but i get paid $39 up front to do so. So if the market goes up I keep $39 and if the stock price goes down, I buy Robinhood for $7.61.

#robinhood #robinhoodoptions