Quote from: clickbangdone on June 10, 2011, 06:02:51 PM

Quote from: billyjoeallen on June 10, 2011, 05:47:11 PM

Quote from: bitoption on June 10, 2011, 05:24:54 PM

You're correct in the case of selling a covered call, which is what I did.

This seems too good to be true. Why don't you just borrow money on your credit cards at 21%, buy bitcoins, lend them out and get a guaranteed 72%?

It's not a guaranteed 72% unless bitcoins are worth what you paid for them before the option expires.

I wish someone would starting writing puts come on pumpers put your money where your mouth is

Bitcoins are already worth more than double what I paid for them. I'd rent them to you if I could be reasonably certain I'd get paid back with interest. I just don't understand the best way to do that or if it's possible.