$TRIT a week ago we were at 6.15. Better than being stuck there. I'm holding for a while anyways like 5 years, so I can't sell pops. Maybe I should trade it in my roth, I have 98% of my shares in my individual account.
@Fornarch @Figment03 I think when you are really deep in the money, IV matters little. Most of the value of the option is intrinsic. So if TRIT was $13, your $5 calls will not be anywhere close to $15, it will be closer to $9 or 10 and that's only if you had more than a year's worth of time value/premium. $8 would be your intrinsic value so that means your time value is only $1-2, maybe not even in the real world scenario. I've run the scenario and even put 50% IV, which is unheard of, to confirm my understanding. Of course for volatile stocks that are going to zig and zag down the road, it's better to buy maybe OTM calls just to take advantage of the increased IV and resulting increased in option premium. ivolatility.com/calc/?show_...
@FlashFrozenSushi @Figment03 @Fornarch exactly. That's what I did. I ran various simulations using excel and adjusting. I estimate that by the end of November trit is at $13 then my calls could be around $10.00. but by mid December that should start falling back to $9 and by January all intrinsic. Assuming trit does a steady climb. If it becomes all crazy volatile that would change dramatically
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