[quote=peterb]Cracktradr. While I applaud your zealous activity in the market, trading 6 figures to make a couple grand is extremely risky in a market that’s jumping around like this one. But I have to admit, it makes for great reading.[/quote]
It’s even dumber if someone like FLU goes into an options contract expiring January 2009.
Buy to Open 50.0000 GEWAT CALL GENERAL ELECTRIC CO$20 ADJ EXP 01/17/09 [Details] $2.21000
What’s the likelihood of seeing a GE stock price above 22.21 by january?…Only time will tell. Warren B. better be right on this one 🙂