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From: ptrewhe...@gmail.com
Date: Fri, 18 Apr 2008 14:52:30 -0700 (PDT)
Local: Fri, Apr 18 2008 5:52 pm
Subject: Re: Google options up 17530%. could someone Explain this
> much..what about the other guy who had to cover this..i am assuming
No, not necessarily. They could have been written as part of a multi-
> this kind of trading is a zero sum game...somebody had to lose their > shirt, pants and hair right? leg option strategy (bear call spread), whereby the lower strike call was sold, and a higher strike call was bought as insurance. In this way your risk is limited to the spread (but of course you would still lose money). You must Sign in before you can post messages.
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