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by hdjfkfbfbr 1041 days ago
He has bought options... This is just a contract with a nominal fee attached to buy or sell an instrument at a pre determined price at a point in the future. The fee a small amount compared to the price of the share. So yeah he has tied up a small amount of capital to do this.
1 comments

We don’t really know how much he tied up in this transaction. Depends on strike price and expiration date.