lotto tickets on sale

Discussion in 'Trading' started by Asparagus, Jan 14, 2008.

  1. just picked up some cheap lotto tickets

    134 SPY PUTS expire friday, 7 bucks a piece! get em while there hot. nassim taleb would be proud!
  2. dozu888


    you know what happens usually to lotto tix.
  3. yep, but i also know what happens during PPI and CPI when the market is factoring in a big cut ;)

    less than 1% of account equity. if they expire worthless so be it! but if they don't...
  4. jsmooth


    Trading about .16 bid last time i looked...doubled your money on those things...looks like the lotto paid off
  5. bh_prop


    Wasting away again in theta decay-ville . . .
  6. it has and it hasn't. taking some heat at present, but hanging on for the big one. going to try to cover when they are atm ;)
  7. okay. i covered...i couldn't resist!
  8. The best trades are when you risk "a lot" to make "a little".
  9. that position would be up 1000% right now!