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lax20m

02/18/12 8:44 AM

#16584 RE: iandy #16581

Thats why I always sell options if I am trading them for short/mid term gains. I view option "trading" as gambling. You might win you might loose but the house always comes out ahead. I view the seller of the option as the house. IN the long run the seller who keeps the premium is better off than the buyer who pays the premium. Just my conservative approach..... I don't get rich quick but I have steady cash flow from this strategy.