Is this a ok trading idea…. towards the end of the month options for that month expire. As a results it loses value because of time decay, but if you are day trading or short term like week trading, is it smart to buy end of the month options at a cheaper price in the money (If you believe the stock is going to go up) for example like RIMM and AAPL, and just tkae the profits of that day or couple days and sell it.
i know it isnt advised to do this, but is this a smart way to make a quick buck
Or loose everything………i have never found options very liquid or orderly
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