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Strategies & Market Trends : Dave Gore's Trades That Make Sense
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To: Dave Gore who wrote (6542)4/28/2002 5:43:50 AM
From: Dave Gore  Read Replies (1) of 16631
 
OPTIONS HEAVEN/HELL ----- VRSN May 12.50 puts gain 900% overnight. May 17.50 calls go from $2.25 to 0 bid.

Nine of 10 options buyers lose and lose big, but when you win it can be kinda nice. Even so, how can one predict what will happen? I don't think any new investors to options should get in this game at all. It's way too risky. The current options contest is a way to show just how risky. So far about 2/3 of contestants are losing.
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