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To: MythMan who wrote (386877)5/22/2009 3:40:51 PM
From: RockyBalboa  Respond to of 436258
 
The $1 call options are a superb surrogate for shorting the stock. They trade 1:1 to the stock and are tightly quoted.

Early today I have seen traders throwing a thousand contracts on a bid in calls. Amazing.



To: MythMan who wrote (386877)5/22/2009 3:49:35 PM
From: Real Man  Read Replies (1) | Respond to of 436258
 
No, but you could find calls. -g-