Free money from wall street

[zdreg]

Quote from cvds16:

I think I should start some kind of trading service like that: ask 250 USD for "trades that are free money and can't go wrong." I could sell it to gullible americans and when things explode ... ah, well, I am in Europe ...

just buy the options from the morons.

 

[zdreg]

Quote from Informed:

Take for example, you can short DNDN 2010 2.5 puts @0.2 as many as possible, the money is free.

i bet after the 10th option your account does not have enough equity to go short.

"as many as possible"

you are right. the buyer will be a professional unlike yourself.

 

[cvds16]

for the record I once was an options broker (later became market maker) and I have seen some things in customers accounts were trades "just couldn't go wrong", only problem was it sometimes did and when it was the case their accounts got destroyed big time with debits way below zero. Pure horrorstories ! Never sell options saying 'this can't happen', cause it will one day ...

 

[spindr0]

Quote from Martinghoul:

I absolutely love these quality trade ideas... Sell outstrikes till you can't see straight, 'cause it'll never get there. What can possibly be safer?

Mortgage the farm! Sell the wife! Dance in the rain with an aluminum foil hat on!

 

[blackkite]

Pathetic...

 

[erol]

Thanks... I'm executing this trade...
I'll buy u all king dons w the premiums I collect

 

[Martinghoul]

Quote from spindr0:

Mortgage the farm! Sell the wife! Dance in the rain with an aluminum foil hat on!

I am thinking of doing the opposite, i.e. selling the farm and mortgaging the wife.

 

[Devin Brady]

Quote from Martinghoul:

I am thinking of doing the opposite, i.e. selling the farm and mortgaging the wife.

Already upside-down on the wife...cant refi.

 

[Martinghoul]

Quote from Devin Brady:

Already upside-down on the wife...cant refi.

Hmmmm, that actually sounds like a great position

 

[JJacksET4]

Quote from Informed:

Take for example, you can short DNDN 2010 2.5 puts @0.2 as many as possible, the money is free.

From what I am seeing, I think the bid price is .02 - is that correct? So you would only get $2 per contract, not $20. So, I'm not sure you would make very much if any real return on your money anyways.

Anyways, if DNDN failed as a business for any reason before Jan 2010, you would stand to lose quite a bit.

Also let me ask this, if selling 2.5s is "free money", then how about the 5s? How about the 7.5s? The 10s? and so on - what is the highest you can sell that is still free money?

I feel there are better things I can do with my money then a trade like this in any event.

JJacksET4