Trading Blunder On A 'Riskless' Bet May Have Cost A Trader $20 Million

http://www.businessinsider.com/options-ex-dividend-trading-glitch-2012-9

 

gosh my mistakes are only a couple hundred bucks.. and barely forum worthly haha.. jealous haha

 

is this a strategy small traders like us can in participate ?

 

Dividend arbitrage..... look it up....these guys exploit it for pennies... and it indeed that the calls don't already have the dividend priced in