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]
What did you pay for the option?
Also, options prices on 2024 leaps are pretty loose as there is not a lot of activity. You can’t “brag” about 30% gain unless you actually sell. Let us know when you do this and you can post it.[/quote]
Dude, dz, I’ve traded options since I was 21…. You are just making shit up….
Just about every financial source who talks about “in the money option” means what I said, not your “alternative facts” definition of in the money option .
And just about every other writen definition of this.
Show me one credible financial document from a reputable financial company that says “in the money option” includes strike price AND option premium paid…
Again, you’re just making shit up. Just like everywhere else in this thread.
You mad bro? Understandable, if you are on the wrong side of speculation=gambling trade
I don’t short and don’t trade options anymore because I figured out I’m better of sticking to things I’m comfortable and familiar with.
Just stick with baseball cards and you too will be fine
