New play, this one is General Electric. The last play was a winner (C options). Here is a super Gamble opportunity for you. Thanks to low IV Buy 20 call options on GE, Strike price 13 with expiration day of July 18. One day after earnings. GE announces earnings 8:30 on thursday. Option is priced 6 cents ask. Check tuesday but wait about one hour for trading to settle. If GE earnings are decent you should see quick pop over 13 so your option ends up with intrinsic value. so lets do the math 20 contracts (20x100 = 2000) = 120 dollar's (no big deal, lunch money or 120 lotto tickets etc..) add your commish of course If GE earnings are decent you should see a pop to mid 13s and get some nice intrinsic value net you 1000 buckaroos (minus nominal commish) worst case you lose 120 bucks or so if GE posts bad earnings. You can make it a little office pool and everyone contributes a fractional ownership of the bet, print out the play sheet with the horses I mean strike prices. It will be like betting on Mine that Bird at the Kentucky Derby. GE is definitely the Mine that Bird of the equity market, all odds against and bets are cheap.