Tim Knight: Options Wizard

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Last Friday, I decided to ape BDI and buy some “DOOMs” (that is, weekly SDS calls). I paid 15 cents for them. On Monday, the bid rose to 20 cents (where I’ve drawn the dotted red line below), so – – Nervous Nelly that I am – – I sold ’em for a 33% profit and patted my back for how smart I was. Needless to say………..