Biotech Values

[linhdtu]

Option writers usually win and option buyers usually lose over a long period.

That is a statement I would agree with based on my own experience.

But let's go back to the beginning of this issue. Basically , a person with a finite amount of cash wants to leverage that position. That would put him/her squarely in the buyer category of options.

DD is correct. If I have limited amount of $ and I am so sure of the price direction of any stock and being greedy I want to maximize my leverage then the most optimum way is to flatly be long on margin.

It is hard enough to correctly predict the future price of any stock and to be correct in a certain time frame results in a doubly difficult situation. Most retailers imo are just not sharp enough to win in the option games as consumers or buyers.

But that is my point; if retailers are sharp enough they would be writers not buyers of options.