Replies to post #34000 on Options Wonderland

[mugur]

Ihubfan,one of the options is normal ,the other one acts a little bit different.If your option is in the money, at expiration,you get paid $100 per contract,regardless of how much the option is in the money.So,if it's even 1 penny in the money,you get $100 per contract .
If it's not in the money will expire worthless.