ST Alpha - "They were well out-of-the-money puts, so not that much. He made more on the calls than he lost on the puts. -- nm" (Reading a Post)

SlickerTalk
Search Archives
The Leaderboard
The FAQ

Login
Create Account

Search Dr. S. Talk
TT/ST Wiki
How Well Do You Know ...

RSS Feed

Hosting by DigitalOcean

Support ST on Ko-Fi

Down to Post

Backboards:

Posts: 155

In response to "I mean, this lost him a bunch. -- nm" by Reagen

They were well out-of-the-money puts, so not that much. He made more on the calls than he lost on the puts. -- nm

Posted by B'nai B'ron (aka BaronWasteland) Dec 19 '23, 06:51

(No message)

Responses:

I mean it depends how many be bought. $15000 of worthless puts is $15000 regardless of what the bid price was. -- nm - Reagen Dec 19, 07:19 1
- If he bought more puts than calls he deserves to lose his @$$, but it looks more like a simple hedge to me. -- nm - B'nai B'ron Dec 19, 07:51

Post a message top

Replies are disabled on threads older than 7 days.