Making Big Money on Little Stocks with Options
Posted on March 08, 2012 at 07:15 AM EST
The prevailing wisdom is that the way to make big money in options is to sell covered calls against high priced stocks. It’s true that you can make a couple of thousand dollars in one fell swoop that way. However, there’s another way to play the game that involves super-cheap stocks, which allows you to buy or sell options in bulk.
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