Quote from l2tradr:
As much as I can get. Fading his calls is as close to arbitrage as you can get without doing actual arbitrage.![]()
I will admit I faded his purchase of FXI calls within a few ticks of the all time high in October 2007
http://www.elitetrader.com/vb/showthread.php?s=&postid=1650097&highlight=fxi+calls#post1650097
