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Strategies & Market Trends : Gersh's Option trades

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To: Mark Johnson who wrote (616)7/28/2007 5:40:02 PM
From: Mark Johnson  Read Replies (1) of 652
 
Oops, note 616 was to state that shorting the
115 and 120 puts, not calls, at around 45 to 85 cents appeared to be a good trade.

Obviously, the 115 and 120 calls would not have been trading under a $1. Can't believe the free money those options provided just by shorting them.

There are winners and losers on both sides of each option trade. Knowing which side to be on in advance is the key to any option trade.
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