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Re: XenaLives post# 68140

Friday, 07/15/2016 10:58:43 AM

Friday, July 15, 2016 10:58:43 AM

Post# of 468182
The option strike price is the dividing line of if an option is In or Out of The Money. At today's strike price of $7.50, the longs need it to be higher, the shorts need it to be lower. Although a simplistic view, it's the main idea to be understood. Is it more clear than mud now?
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