But there is no day trade in the ME1OD options, you are literally gambling with odds so heavily stacked against you, its a stupid bet per se
I understand that yes its a gamble based on the heads going higher and heading to 8 cents, but there has been absolutely nothing to suggest that this will even close above 1 cent. With a bad history of handing out cheap and freebie shares to mates, near 3 billion fpo's on the register which is extremely loose.
Wouldnt you rather just trade something with liquidity and spread ? I mean isnt that the aim of the day trading game ?
Not buy some super high risk options of a company with a terrible history of ever doing anything good, then mentioning it 20 times a day ?
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Day Trading Arvo July 13, page-63
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