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janice shell

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Re: WiseYoda post# 22076

Saturday, 06/08/2024 1:58:21 AM

Saturday, June 08, 2024 1:58:21 AM

Post# of 23617
Yes, that's all correct. But you don't seem too be entertaining the possibility that by expiry, the stock may be below $20. In that case, the calls will expire worthless.

And it's even possible for the stock to be ABOVE $20, and for the calls to expire worthless, thanks to time decay.
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