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Re: smallinvestor81 post# 17159

Sunday, 06/17/2012 2:59:35 PM

Sunday, June 17, 2012 2:59:35 PM

Post# of 26138
Small - I believe you are incorrect about the options. The cost of the contract IS the $30. Thus, if they expire out of the money, they expire worthless and you do NOT get the $30 back to reinvest - you lose it.

The majority of options expire worthless. Doesn't mean you can't sell and buy then for a profit before expiration date but it's not that easy. If it were, everyone would be winning with options.
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