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Re: jealmc79 post# 430921

Monday, 02/20/2023 10:37:04 AM

Monday, February 20, 2023 10:37:04 AM

Post# of 432663
jealmc79, I think that you do not realize that always in this type of trade 1 side becomes worthless. I will use the strike price of 80. If the stock closes below 80 in theory you will get your M shares put to you. If it closes above 80 you will call them away from someone. Now you may ask why. Let's say the stock is $75 why would you pay $80 on the call side when you are getting M shares being put to you. You might buy more shares at $75, but no one is going to pay $5 a share over market. I hope that this makes sense to you. Should you want I will stop reporting option plays.
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
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