InvestorsHub Logo
Followers 12
Posts 2312
Boards Moderated 0
Alias Born 02/13/2009

Re: leemalone2k3 post# 61501

Sunday, 12/11/2011 10:13:55 PM

Sunday, December 11, 2011 10:13:55 PM

Post# of 364411
Ok, thanks for that info. So it looks like one could sell short 10 calls of say RIMM @ .50 cents on a Thursday and as long as the Stock RIMM, falls in value, one could buy to cover the calls the following Friday afternoon of expiration probably for a few cents. All the difference from the sell @ .50 cents to the buy to cover price of a few pennies would be profit. Is this a strategy which could work considering most out of the money options go to zero by expiration day?

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.