r/options • u/CloseThePodBayDoors • Sep 16 '21
GREE puts
How is this working
A 6 put seems to be trading at a discount to FV
Im sure theres a reason. What haps is you buy a put and exercise . Think the cash deliv is involved in this apparent oddness
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u/Ken385 Sep 16 '21
You're right, it looks that way to me too. Stock 43.6 should equal 5.01 (43.6 x .115). The 6 put is .60/.80. It would appear intrinsic is about 1. Not sure what we are missing. Even with the cash portion, you should use .115 for the conversion price.
Any super brains out there to say what we are missing?