http://www.tickerhound.com/feed/user/AssetStrategists/asked/feed.rss TickerHound.com Question Feed - user: AssetStrategists's asked questions en-us contact@tickerhound.com Copyright 2009 http://www.tickerhound.com/questions/detail/2008011de9c629/how-and-why-is-the-trader-in-the-following-situation-expecting-to-profit-from-his-actions http://www.tickerhound.com/questions/detail/2008011de9c629/how-and-why-is-the-trader-in-the-following-situation-expecting-to-profit-from-his-actions Several years ago in the trading pits at the CBOE, a trader from a large brokerage firm would cone onto the floor of the exchange and cry out an offer to purchase 1,000 put contracts of his firm's options the day before earnings each quarter. How and why is the trader expecting to profit from his trade? Tue, 29 Jan 2008 23:19:41 -0500