A.I.M. Users Bulletin Board

[SFSecurity]

Hi Toofuzzy, I'm not sure how one would do that in this situation. If I bought a call near the bottom of the downturn and it goes back up I'd be out of the money, right? If so, how do I get the shares that I would then be able to sell at a higher price? Please explain.

My understanding is that while the profits from selling options tend to be smaller, they also tend to be more likely to succeed. Various figures I have seen say buying options fail over 80% of the time but selling, if you chose the right position, succeeds about 55-60% of the time.

Best,

Allen