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How are you calculating this? You wouldn't have a total return of -$722k if you only lost $9k. They could easily have 1M worth of options that have now decreas
by manigandham 7y ago
How are you calculating this? You wouldn't have a total return of -$722k if you only lost $9k.
They could easily have 1M worth of options that have now decreased in value, which is what it looks like since AMZN went up Friday and today.
- sombremesa 7y agoEdit: see below. My math was a bit off.
- thefreeman 7y agono... it’s 140 option contracts which provides the option for 14000 shares. they were bought for $66 x 100 x 140 = $924,000 and are now worth $14.43 x 100 x 140 = $202,000.
- deleted 7y ago[deleted]
- kenneth 7y agoRisk / reward is proportional. You could have easily made a killing if the markets moved the right way. In fact, anything could happen by Friday. He only needs and 10% move up be in the black