http://www.atfreeforum.com/billyticketswin/viewtopic.php?mforum=billyticketswin&sid=df4a328142ffebabf74a297cd4874f4b&t=103
I have been doing all kinds of stuff like this recently. Options are currently incredibly expensive which allows a smart buyer and seller to really take advantage and lower and raise your cost basis (depending whether you are long and short). A year ago all I did was buy options. Now all I am doing is selling them.
When used correctly options are a very powerful tool.
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