 Quote:
Originally Posted by . . . Yrs to Go
Except its not a pyramid . . . one buyer one seller, one short one long, perfectly symmetrical, every transaction. Just like calls and puts. The major difference is that people are more familiar with them so they don't ascribe all manner of nefarious characteristics to vanilla options.
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Wouldn't it be a wonderful to mount a bear raid though? You would have to find a candidate that you thought had underpriced protection available. Buy it; then naked short hell out of the underlying.
The leverage is so astounding, and I think it is much harder to trace the contracts than with traded options, and much easier to be stealthy.
Ha
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