|
Robert and Ed, how can you say that there is no premium in the options? 25 cents for paper that will be worthless in two weeks is no premium? And what makes you think the options specialist has any more of a crystal ball than anyone else? I guarantee you that if IDX ever does jump two points in one day, that day will be within two days of an expiration date when you and everyone else who has ever traded the stock is patiently waiting for it to drop 5/8 of a buck to the ten level at expiration. Too many people buy around 9, sell around 11, report huge shorts , buy back when the stock drops. Everyone from the specialist to the SOES bandits to stay-at-home stock pickers trades this company like it will never break out of a range. Well, guess what? When it does jump, most people will not have the guts to buy back what they sold or got called out of. They'll think they can get the stock they lost at 12.5 back on the next dip, then, they'll say they'll buy it back when it drops to 15 on the next options expiration date, blah, blah, blah. |
