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Re: StockSniper00 post# 5845

Saturday, 07/16/2011 8:32:53 PM

Saturday, July 16, 2011 8:32:53 PM

Post# of 37784
Hi Supersniper

Well I own an equal amount to the calls I am selling (I would be crazy to sell calls otherwise) and if SLW takes a really big hit and I get it put to me I will end up owning twice as much.

But I think the people that are BUYING lots of near month out of the money options as gambling. For every winer there is a loser and only the house(broker) always makes money.I would most likely be on the wrong side.

Toofuzzy

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