the only way it is "worth" 14k is if amazon is trading at $14 less than your strike at expiration. Otherwise all value is extrensic theta.aggiehunter3 said:Ragoo said:you should sell it back because at the end of the contract it will expire worthless.aggiehunter3 said:
Speaking of lottos- I bought 1 measly Amzn 1600 put at .57 this morning....the problem is it's already at $2.85 and I'm tempted to sell for the quick money haha
Well if Amzn has a fb tank it will be worth $14k, so I'm cool with $57 risk for that possibility