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Options don't become worthless when they're out of the money, as long as they haven't expired yet. The probability of the option being valuable at expiry is gr
by ctkrohn 18y ago
Options don't become worthless when they're out of the money, as long as they haven't expired yet. The probability of the option being valuable at expiry is greater than zero, so the expected present value of the option is greater than zero.
- hugh 18y agoIndeed. If anyone has goog options that they think are "worthless" then I'll be happy to buy them at one cent each.