Profiting With Ron Paul

Someone - I'm going to guess foolish Ron Paul supporters are the culprits, given the circumstances, has managed to bid up the "field" option on Intrade (an events preduction market) for the New Hampshire Republican Primary to the point where the asking price has reached 7.8.  In order to borrow a significant number of options you'd have to probably short them at around ten or so, though.  In any case, you'd end up with about a 10% return by next Tuesday night.

Two declarations - first of all, obviously, I don't recommend betting to anyone who disapproves of such things and, second that, in the interests of full disclosure, I have taken a small (sub-$100) short position on this particular option.