No its not the perfect stock far from it.....but l did see someone take 5m options yesterday and though the outlay was $5k...but what a Perfect scenario if AEX was to get in the money.
He/she certainly wouldn`t be looking to convert as this would be $250,000. But even if the options got to one cent, that would be a cool $50k. Could that many be sold when the time comes.
So would you write off $5k in tax losses and at the same time go for the long shot?.
By the way l am not ramping l have options @.029 and l am stuffed (maybe)?.
AEX Price at posting:
0.0¢ Sentiment: Sell Disclosure: Held