2-3 pennies for March 2.50 calls for Citigroup.
10 contracts (1000 shares) if its ITM you could win a nice prize.**
30 bucks plus commision and you can make a nice chunk of money or lose about 30-35 bucks.
but you will have something to talk about at the watercooler or at lunch.
Anyhow just offering a fun casino style trade.
Or the more expensive powerball edition.
April 3 dollar deal.
60 dollars + commish. for 10 contracts.
Make it an office pool and everyone pitches in.
give them the link to yahoo options to check out the horse race
(OR BETTER YET) charge them small fee, you pocket that as the rake. tell them its for the cost of the commision etc..
** Make sure to notify the OCC to not assign ITM, just in case you think the ticket is a losing ticket on friday. You might wake up monday with a surprise you did not expect.
not a bad idea
I think you mean notify not to exercise, can't tell them not to assign. you get assigned when you're short ITM, and auto-exercised when you're long ITM