10/14/20, 11:51 PM
was that our buyer of $4 calls the other day?
10/15/20, 01:05 AM
Thanks. So if the price isnt 4 by thqt date they expire worthless ?
10/15/20, 01:22 AM
Plus whatever you paid for the premium...so like 4.05-4.10 You can use this tool to sort of help:
As you can see...as time goes on, the theta burn changes the rate.