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Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED

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To: Sully- who wrote (39894)8/7/2001 2:41:22 AM
From: Timetobuy  Read Replies (1) of 65232
 
Who is on the other side of the trade in illiquid options?

Do you really think that all options are matched up with two people that just happen to want the same strike, month and number of options?

I have bought and sold calls in which I am the only open interest. Strange but I have also closed those same options. What would be the odds that there is one other person who wants to take the other side of the trade on both sides on the exact same day?

Do you suppose that the mm might be the other side of the trade and that he might be the one making more money on most option trades than option buyers? NO! Couldn't be!

ROFLMAO! And you're an expert, eh?

The ones that make out well are the covered call writers. Those who deal in trading options are overall losers. Some win, for sure, but not most.

Peace be with you.

This will be my last post to you. I don't think living in fantasyland talking about some hypothesis in which no one wanted to trade anyway is silly.
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