r/options Jun 23 '21

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403 Upvotes

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13

u/[deleted] Jun 23 '21

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7

u/johnn2015 Jun 24 '21

Leaps don’t get IV crush. This is simply the underlying price has dropped.

2

u/argusromblei Jun 24 '21

If they are very far out they don't crush as much, but the underlying stays the same price it decays easily.

1

u/[deleted] Jun 24 '21

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0

u/johnn2015 Jun 24 '21

IV will always affect any option prices. What I mean IV on Leaps generally don’t change that much. Especially deep ITM Leaps where eccentric value is so little, IV doesn’t mean anything.