He bought a contract at $360. Stock $384/share now. Definitely in the money. If he sold at any point these past couple of days , he wins …Case closed. His speculation is no different than your short positions that are speculation and not investing, except his speculation seemed to have worked out.
I don’t understand why you try to spin how wrong you are and how his trade is no value. Seems to me he made money.[/quote]
STFU FLU you don’t know shit about options trading. If I bought a Netflix Call right now for $200 with strike price of $300 I would immediately be “in the money” according to you”. But I paid a major premium so hat doesn’t mean anything. Yes it went up in value in the last 3 days, if he sold it.[/quote] https://www.thestreet.com/dictionary/i/in-the-money