your thoughts about penny options?

  • Thread starter Thread starter rodrigorules
  • Start date Start date
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rodrigorules

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right now ford is at 6.27...june 08 calls @ 8 are bid .01, ask .02
expires in 6 days
$1.25 per contract commission

would it be a horrible idea to buy in?
what are the chances of 100% loss COMPARED TO 100%,200% gain?

anyway, what is your opinion on this
 
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