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.
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