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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: Jack of All Trades who wrote (22118)7/26/2011 1:44:37 PM
From: Kirk ©  Respond to of 220518
 
"I'm not offended by either, but to think that traders like myself are the ones determining a majority of the prices for the OTM options is just wrong."

There you go. I didn't say they/you were setting the price.

If you go back and read what I wrote, you will see I only thought the price some pay is silly... just like I think some women are silly to pay $10,000 for a hand bag. My GUESS is most who pay it are gamblers... hoping to hit the lotto. For some reason, you took offense to that.