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NutZ

11/15/11 10:34 PM

#52108 RE: Gssound #52104

OK, thank you. I usually let non-profitable legs expire, but was just worried that the profitable side would be hard to close out on friay. I keep wanting to just buy puts on CRM, but I think it's too close to call. Have thought about opening a long calendar spread though...eventually this thing will have its day.

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th3moneytrain

11/15/11 11:52 PM

#52142 RE: Gssound #52104

Ggsound...why does the option lose value on expiration day? Is it b/c there is no demand for them anymore?