i don't think we're looking at the same information because i could sell them right now and make $200.
2021 Stock Market
- Thread starter Mtowncyclone13
- Start date
i don't think we're looking at the same information because i could sell them right now and make $200.
Sure, but that is how a put works if you expect to hold it to expiration. The price will change and it has a wide bid/spread ask (70/81.50), however the value will decrease if the underlying increases or IV reduces.
Look up tasty trade videos on options, they are informative.
Agree, I had no problem with 2015s explanation but I have no idea what sig is talking about.
Just considering it different. He is looking at what you make if you hold and exercise it, not what can be made if you flip the put before July.
let's say GME drops like a rock next month to $200 or lower. That put value goes through the roof.
Don't disagree, the question is if you plan to get out quickly with a drop or hold to expiration. You can make money riding the waves, you can crash too. For your sake, I hope the squeeze doesn't last several months and slowly melt up.
"There's no way this thing hits $300"
- Andrew Left or some guy at Melvin Capital, probably
day 1 of trading:
NAKD- 100 @ 1.35 (after market is up 92%)
GNUS- 20 @ 2.65 (cuz some jackass on here said to buy lolz)
NOK- 75 @ 6.72 (TO THE MOON)
NAKD- 100 @ 1.35 (after market is up 92%)
GNUS- 20 @ 2.65 (cuz some jackass on here said to buy lolz)
NOK- 75 @ 6.72 (TO THE MOON)
As CYme stated...that's true if you ignore time to expiration. As you approach the expiration date of an option, they lose their time value and approach their intrinsic value ie your stock market price minus strike price. Options all have time value factored in which is the "what if" variable. As time runs out, the potential moves are seemed more limited and hence the drop in value.
You are also correct that if it drops quickly to $200 you'd still likely have a profitable contract but timing of when to sell to maximize your total value is the tricky part.
It is BS. PE ratio, earnings, dividend yield, and short interest are all key stats that investors can use to make an informed decision. The fact that a group of people got together and saw the tremendous upside potential of a 140% short percentage is tough cookies for the shorts.
H
Ummm.... no?
I'm just going out on a limb here - but I'm thinking this isn't helping any think that the whole US Economy is rigged against them
I'm just going out on a limb here - but I'm thinking this isn't helping any think that the whole US Economy is rigged against them
I was watching the NOK option chain today. The $10 option that expires Friday traded anywhere from $0.12 to $2.50, and spent much of the day around $1.40. That option would be almost worthless in a normal trading environment. The strike price is 60% above the current price, with only 1 trading day left.
Just think, with the stock at $8.80, someone paid $2.50 per share for the right to buy the stock at a price of $10 in just two days. They need it to fly north of $12.50 tomorrow for the option to pay off. Unfortunately, NOK does not have nearly the short interest that GME and others have. Not sure why the reddit folks put Noikia on their hot list. It finished the day around $6.5
H
AMC getting beat down After Hours so glad I sold at $17.50 but will hop on that horse again tomorrow.
They told me I had to ad least be in a second day to be rich. I’m ready to announce my retirement late tomorrow.I Just bought 10 shares of nokia in extended hours. Let's hope for some upside tomorrow.
