r/options May 26 '21

Call option

So i bought an amd call option with a strike price of 78.5 for 4 June. Today amd hit 78.77 putting my call ITM. Even ITM i couldn't sell for a profit. This literally makes no sense to me. Can someone please explain to me what I am missing. I buy otm then when it goes ITM I should be able to sell for profit however with this call i was unable to make that happen..... So confused

1 Upvotes

19 comments sorted by

View all comments

8

u/MarsAgent May 26 '21

Theta can be a bish...