Replies to post #6088 on Options Wonderland

[BUBBA]

Yes, basically. There are other factors that have an effect on it like time left, liquidity of the options/stock, etc. I have had a few expire worthless because I couldn't sell them, but the good ones have made up for the losses many times over.

[BUBBA]

BDU JY Bidu Oct $290 calls: $39.30.