So I think this is a great play -- if so, could I as a rando

[reddit]

get linked as Advisor to rich peeps' Ibkr accounts??

The play is ... 1. live fx of ~86K, buying USD.JPY (BPR about 2300) ... 2. against the spot position, write ATM JPY Put, making 40-50 per day theta (BPR about 2100)

(Optional: buy US-T for carry income)

If JPY increases, the spot cash covers it. If JPY decreases, your Put will gain, offsetting about 50% of the spot loss (initially)

Thesis of course: is, yen can only move in one direction longterm

Put premium makes 200+% roi approx

This is a Fat ROI play. How can I do this w/ OPM (other ppls money), to only gain and never lose like Goldman Sachs in 2008?

thanks

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