For example If you trade the stock of a publicly traded corporation of whom you are a principle and have access to the results of a quarterly report before it becomes public, you can anticipate the direction the stock will take. To profit, you buy short term, "near the money" options to make substantial profits with insignificant risk.
That's blatant "insider trading" and illegal. If you get caught, you might do time in "the big house". Unless, of course, you're a member of CONgress.
Here is the secret to make big in the OTC market , find some investors with cash , approach some underfunded biotech companies and offer them short term loans , say 12% a year , many times these companies give you stock at a discount , then go ahead and unload it slowly in the open market.
There are some price action edges than once known, you almost feel like you are cheating based on how hard this game was before you knew of them or how hard it seems to be for those you reading in public forums on the net. The beauty, is that it's all legal but so very hard to discover.