Do any of you trade options (simply buying puts or calls) during the last few days before expiration? In terms of a thrill factor, it ranks pretty high. I've never bought any on the friday of expiration, but have done so as late as wednesday. To me, the idea of turning an option that I purchased for an 1/8 or 1/4 that goes to 50 cents or a dollar is incredible. Obviously, you need good strategies to do so, or else you won't be trading for very long. Do you guys have any stories of a miraculous buy on friday that went up 300-500%? A hail mary type play. Or maybe an option you paid 1/4 for that went up to $5 or $7. What have been your biggest percentage winners?