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What ?!? I can't believe the amount a bullshit about options I see here. If, at expiry, the spot is 'x', puts with strikes > x are worthless and calls with str
by thingylab 14y ago
What ?!? I can't believe the amount a bullshit about options I see here.
If, at expiry, the spot is 'x', puts with strikes > x are worthless and calls with strike < x are worthless too. This is true for any x, indepently of HN's belief that x is somewhow magical.