X STOCK
X STOCK
If I think Stock X is going to rise?
Is there a way to wager a prediction on what Stock X will rise to, and sell once it reaches that point? I would want to call this move a reverse short, but am not sure.
For example, if I think Citigroup is gonna go up to 4 by tomorrow, is there a way to buy Citi at 4 and sell it assuming my prediction comes true.
If this is possible how would the payment work. I feel like this is a riskier bet and should pay more than the obvious margin. ???
I'm not a financial guru, but I believe what you are talking about is called an Option.
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