3 ms·

Good luck with that, you'll lose all profits in premium. Check out the Nov 18 SCTY calls, IV over 70 and the premium for the 20 strike is 10% of the current sha

by jonknee 10y ago

Good luck with that, you'll lose all profits in premium. Check out the Nov 18 SCTY calls, IV over 70 and the premium for the 20 strike is 10% of the current share price. TSLA is not a lot better, IV of 50.

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ionwake 10y ago
What does your sentence mean? I am not from a finance background - thanks!
- drited 10y ago
  It means the cost of buying the options will eliminate the profit. Iv is implied volatility. The higher the IV, the higher the option cost (premium
  - deleted 10y ago
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