Free money option strategy - seriously 100% risk free

Discussion in 'Options' started by failed_trad3r, May 4, 2010.

  1. i got it wrong!! the strike is 20, not 45!!! then its free money!!:D
     
    #11     May 4, 2010
  2. ...and I thought I was an options noob. :confused:
     
    #12     May 4, 2010
  3. ... boy, this is gonna end well.

    hey could you tell me what the stock is so i can take the other side of these trades?
     
    #13     May 4, 2010

  4. In some rare cases, you do have a risk. In case this is a non-standard option, if you hit that bid, it is you who is providing
    a free lunch. :D :D :D
     
    #14     May 4, 2010
    lawrence-lugar likes this.
  5. charts

    charts

    Is this a joke? Post it here then ... :)
     
    #15     May 4, 2010
  6. charts

    charts

    You probably are, and he is a failed trader ... :)
     
    #16     May 4, 2010
  7. I don't know what's going on here but I feel like I just showed up to a party where everyone is already drunk.... and the host is sucking helium.
     
    #17     May 8, 2010
  8. rew

    rew

    This is almost as good as failed_trad3r's earlier guaranteed to make money trading scheme of simultaneously buying and selling the same currency pair. He'll be the next George Soros!
     
    #18     May 10, 2010
  9. I came up with a new strategy. On the day before expiration, sell a ITM put and hope you don't get exercised.

    Good plan no?:) If the gamble works, thats free money!
     
    #19     May 14, 2010
  10. MTE

    MTE

    Options that are ITM by 0.01 at exiration are automatically exercised, so your plan is destined to fail.
     
    #20     May 14, 2010