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Gold/Mining/Energy : Strictly: Drilling and oil-field services
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To: William L. Oppenheim who wrote (10878)2/6/1998 4:04:00 PM
From: Big Dog  Read Replies (2) of 95453
 
The people that lose money on options are those that BUY options. If you SELL options you can not lose money on the option. The only thing you can lose is some of the upside on the underlying stock.

This is a huge difference (between buying and selling options) and it seems that most of the recent option talk has been focused on SELLING or writing options.

I think you make the case for what I am saying. If 90% of option buyers lose money then who is making money on the other side of those trades? The sellers.
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