I never thought about selling in the money puts, especially way in the money.. Other than someone assigning you the stock for $19 immediately (which would still give you some profit), what would be the disadvantages of this strategy?
Hi..I am a researcher who has conducted extensive research on those individuals who exclaim, "Mark this post." The results strongly point to delusions of grandeur in these individuals, with a
97.4 % chance that they will be totally wrong....In fact, the only individuals who have a worse record for prediction of stock movement are those who exclaim, "Timberrr" when they are short and their stock is going down. After 2 months, in fact, the stock they shorted is up 47% on average. Sorry for the bad news. Best of luck to you.
Janet...I am shocked at this comment...Even thought George Bush was so much more intelligent...Ha..ha..ha..ha..ha..ha...
Stock was up almost a buck and the put options were also up. The scam is being perpetrated by MW and not NQ. The bad guy crooks made a ton of money today and longs were the victims. I hope someone examines the option trades from the last few days and that MWs fingerprints are all over them. If MW manipulated this, i hope they fry