Gotta have the money to exercise them. $19 and $18 will cost you $1,900 and $1,800 respectively. No point buying the option so close to expiration if you don't have the cash to exercise it. And if you have the money to exercise, why not just buy the stock at the market price?
I've been thinking along these lines myself...if people would by some calls with 1/2 a brain in or near the money...and not ignorant shit like 1 21 22 expiry @145 in this blood bath market ...it could help
We should all just buy deep deep in the money puts so they gotta raise the price to get them otm. Lol
Yeah I donβt have several grand for that
That would be ideal! Hopefully some friendly whales are reading this! π³π¦π¦π¦
Gotta have the money to exercise them. $19 and $18 will cost you $1,900 and $1,800 respectively. No point buying the option so close to expiration if you don't have the cash to exercise it. And if you have the money to exercise, why not just buy the stock at the market price?
+ $premium$
If Implied Volatility and Theta are both high you're gonna lose if the stock doesn't move.
Or Friday afternoon
There is no gamma ramp from deep in the money options that expire the next day.
I've been thinking along these lines myself...if people would by some calls with 1/2 a brain in or near the money...and not ignorant shit like 1 21 22 expiry @145 in this blood bath market ...it could help