I don’t know what you’re talking about — run the calculated utilities, and this is something that you’d be irrationally risk averse not to do. You will almost certainly get .19 in about a week, depending on how many contracts you can buy and sell. It seems to be more probable that Obama wins and loses Ohio than that Romney wins and loses Ohio, looking at the electoral map — that means that the big payout is a) more likely than the big loss, and b) a larger gain than the loss is a loss. I mean, don’t bet the farm if you don’t want to, but I don’t see how this is anything close to irrational.





