Hi all, I have an idea, don't know how good it is: At last day of option expiration, I find a stock XYZ that trades excactly at 40$, call 40 will be around 0.05 (No intrinsic value) I Buy 10 contracts of Call 40 XYZ. Same time Sell 1000 XYZ. Now , If stock goes Up, I'll be break even - commission. Stock Goes down will make profit from Shorting shares-commission. Stock don't move , will have small loss = commission+option premium. Is Anything wrong here?, maybe buying more expensive stocks better, because there will be wider price spread. Maybe this strategy has a name in the books, but it could be done only when options value is very small 0.05 or less (is it possible??) Thank you for constructive critisizm.