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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.44+0.6%4:00 PM EST

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To: locogringo who wrote (22046)7/25/2011 5:54:32 PM
From: GROUND ZERO™  Read Replies (1) of 220450
 
Oh, okay... yes, that's why option buyers usually lose all their money, it's a sucker's game, you have to be extremely lucky and your timing must be impeccable... but, the seller takes almost no risk at all, it's steady income every month... it may not seem like a lot, like Kirk said, you miss out on the big market moves, but so what, a steady 8% a month is damn good money for doing nothing, and it adds up pretty fast and can quickly exceed any big market move that may occur down the road...<g>

GZ
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