So, Revlon‘s a meme stock now. It’s at $8 a share.
Now, for all I know quite a bit I know near nothing about actual trading of shares. And what I want to do is make a wild-ish out of the money bet against the Revlon stock price. Say it’s at $8 now. I think it will go to zero within a couple of months. Happy to gain leverage by having a strike price on a put at $5 or $6.
But how, exactly, do I find what the price on an out of the money Revlon put option is? How would I trade if I did?
30 years ago you bugged your broker over the phone to organise this for you. Now you don’t – so how do you?