03-19-2013, 10:37 PM
The fact that some idiot is willing to pay you that type daily income tells the tale. They are desperate and are trapped and see there only way out to short more during the window between the bids received and the winner announced. I deal in options and when IOC is weak I sell puts in the money and buy calls in the money on weakness.I think that the best approach ve loaning out shares. We make $10,000's doing that. Loaning shares is like helping the enemy. If someone is betting against me I don't help them. I get even.The premium on selling options is off the wall rich. So get some free money is my take.And I am not helping the enemy.