Out of the Money Options – Buyer Beware, Seller… Take The Money

Out of the Money Options – Buyer Beware, Seller… Take The Money
By Lee Lowell, Advisory Panelist, Mt. Vernon Research
Tuesday, November 1, 2005: Issue #255
About a year and a half into my days as an options market maker on the floor of the New York Mercantile Exchange (NYMEX), I discovered the strategy of selling short-term, out-of-the-money [...]


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