An early call seller in beaten down REIT RAS (RAS, news, chart, volatility) might be rethinking their strategy today. Shares finished the day at $2.78, an 18% gain. Earlier today, when shares were near $2.28, a customer posted a 10 cent offer on more than 1,000 contracts, which professionals quickly scooped up. Pros sometimes refer to selling such low premium options as “picking up pennies in front of a steamroller” given the extreme risk for little reward. As shares began to climb, several thousand more traded, touching a high of 35 cents and providing the busiest day of the year for the product.