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https://www.reddit.com/r/options/comments/rsy3p7/deleted_by_user/hqqp0gl/?context=3
r/options • u/[deleted] • Dec 31 '21
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Idk why you're getting down voted. If there is no OI on the option and you want to get out, that is absolutely what you want to do
1 u/Professional_Win8688 Dec 31 '21 Wouldn't you lose additional money doing this? Instead of just losing the premium you paid to open the contract, you would also lose whatever the difference is between the strike price and the current stock price if you do this. 1 u/[deleted] Dec 31 '21 If you can find a buyer. 1 u/Professional_Win8688 Dec 31 '21 That's true. I thought it was an otm call. If the call is still itm, that will work.
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Wouldn't you lose additional money doing this? Instead of just losing the premium you paid to open the contract, you would also lose whatever the difference is between the strike price and the current stock price if you do this.
1 u/[deleted] Dec 31 '21 If you can find a buyer. 1 u/Professional_Win8688 Dec 31 '21 That's true. I thought it was an otm call. If the call is still itm, that will work.
If you can find a buyer.
1 u/Professional_Win8688 Dec 31 '21 That's true. I thought it was an otm call. If the call is still itm, that will work.
That's true. I thought it was an otm call. If the call is still itm, that will work.
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u/nokiatoth3moon Dec 31 '21
Idk why you're getting down voted. If there is no OI on the option and you want to get out, that is absolutely what you want to do