Well that is a logical explanation on how to make some good money with minimal risk but again the market is doing irrational things throwing away options in 3 cent range (Down over 17% in one day). Whoever is buying them must be laughing at the sellers stupidity. The seller is either very financially illiterate or desperately in need for money to gift them away like that. You know what they say about a fool and his money; a fool and his options are soon parted!
OEX Price at posting:
19.0¢ Sentiment: Buy Disclosure: Held