Hello
I am wondering if anybody would be interested in borrowing funds from me
on following conditions
1) It will be a "non recourse" loan for liquid option-able stock in US or Australia only.
A) borrower will have to have enough money to purchase a PUT option
B) Borrower can do Covered call writing
C) Borrower must pay interest on loan upfront
D) Non recourse4 because of PUT option borrower can just walk away
E) because of condition A and C there is no need for borrower to lodge any other security and no need for asset backing!
(Will have to work tax implications though )
If interested please pm
MK
I am wondering if anybody would be interested in borrowing funds from me
on following conditions
1) It will be a "non recourse" loan for liquid option-able stock in US or Australia only.
A) borrower will have to have enough money to purchase a PUT option
B) Borrower can do Covered call writing
C) Borrower must pay interest on loan upfront
D) Non recourse4 because of PUT option borrower can just walk away
E) because of condition A and C there is no need for borrower to lodge any other security and no need for asset backing!
(Will have to work tax implications though )
If interested please pm
MK