Re: Would love to..........skinny3
posted on
Jan 10, 2008 07:46PM
Yeah well I hit Chicago, then Toronto, then Montreal on a whirlwind tour to learn how to run an options pit. What an experience. Chicago was windy the options traders were crazy. Couldnt believe they actually hired guys to hold the traders in the pit. Toronto was coldern a well diggers heart and the head options guy in Montreal told us how he made 3 millions dollars on one expiry date. Fraid I didnt have enuff balls to try it but I shoulda cause he told us what he was buying and how many outta the money options. He spent 2 grand and made another I think it was 6 million. Gold exploded and went thru his options prices. His 5 cent options went up dollar for dollar for gold once they hit his price andf I think gold went up hundred and so bucks. Wow.