InvestorsHub Logo

SSP

Followers 643
Posts 44676
Boards Moderated 3
Alias Born 08/02/2000

SSP

Member Level

Re: Wayne R post# 280542

Friday, 07/23/2021 3:57:12 PM

Friday, July 23, 2021 3:57:12 PM

Post# of 285889
Right, but what I'm saying is, that small premium you buying them back can be large, if the stock goes to 30 bucks, you paying 10 bucks - 1.60, so paying $8.40 to get those back.


I do know most out of money calls, expire worthless, and you get to keep the premium.

Stay Aware!

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.