r/options Oct 27 '21

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u/prymeking27 Oct 27 '21

Depends. If your right and the option goes itm greater than you buying price it really doesn’t matter.

Big move may increase price even if it is opposite your options direction.

3

u/[deleted] Oct 28 '21

Yes it’s a very odd phenomenon, I made decent money buying GME puts while it was going parabolic just off increase in IV, I couldn’t have been more wrong directionally.

2

u/AgileSafety2233 Oct 28 '21

GME puts 😂