4 ms·
If the option is deep ITM it's basically the same as the underlying, it doesn't have the curvature to make everything interesting, and it is unlikely to expire
by lordnacho 6y ago
If the option is deep ITM it's basically the same as the underlying, it doesn't have the curvature to make everything interesting, and it is unlikely to expire OTM?
- yomly 6y agoThey were bought deep ITM, but there have been news catalysts that could bring them ATM/OTM. I think at one point the share price came quite close to the strike intraday. The share is super volatile and can swing 15% in a day - how do option writers hedge in these situations?
- yomly 6y agoThose puts are now deep OTM... Wow GME is up 70% today