Option Millionaires

[jimmybob]

CME ~ $280 calls from .30 to $13 so far. $300 into $13k if you got 10 of them. Forget about the math on the 270s.

Little eery on this call. Stock was at $240 at the time! Damn chart is NUTZ!

Read here: http://bit.ly/xOfnPr

One of the best way’s to make money trading options, is buying when a stock is cold…when noone is paying attention. Stocks with high beta(volatility), have higher option premiums. Stocks under the radar with low beta, have cheaper options.

CME is a market leading clearing house, and the stock used to trade over $700. Lower exchange volumes and the 2008 downturn, has had a big impact on the stock price. Couple that with the MF global fiasco, and you have an oversold stock. It finally looks like CME is ready to turn back to the upside and head over $300.

Right now we are positioning ourselves with the $270 and $280 FEB 18th Calls currently at .65 and .30 respectively.