Learning Options and Strategies

[Porgie Tirebiter]

OK, I took a look and now I see you sold 2012s. Not quite as exciting, but still a good deal.

I see DNDN has an implied volatility of 78 and that's why these are so expensive. You sell options to sell volatility, and that's what you've done.

I also see this company doesn't make money. But since the calls look a lot pricier than the puts, someone must think that is going to change.

Thanks, you've given me something to look at.