Potential options play question?


There is an option contract for .01, so $1, that fluctuates between .01, .02 and .03 daily. My understanding, as long as volume stays, is that you can buy at .01 and sell at .02 or even .03 and double your money before taxes?

Is this used a lot or am I missing something?


Comments

Leave a Reply

Your email address will not be published. Required fields are marked *