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Old 12-12-2004, 09:25 PM
FatOtt FatOtt is offline
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Join Date: Sep 2002
Posts: 11
Default Re: selling covered options vs uncoverd options

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I see many post on selling covered options but what about selling uncovered options. I know that most option ex at zero. So the seller must make all the money. And a seller can sell options far out of the money with very little time.

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I see many people buying car insurance each year. I know that most people do not make a car insurance claim each year. So the people writing insurance must be making all the money.

This logic -->> losing money.
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