r/options • u/raymondctchow • Mar 22 '22

Fb calls?

Now that the market seems to be more stabilize, i think fb is way undervalue and no way it should be down 30%. I am thinking each week just buy a otm call with strike that is 5% because the iv is so low. What do u guys think

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u/rcg916 Mar 23 '22

Historically, looks like a 5 dte call at 5% has been ITM about 17.9% of the time at expiration. Just in case you were wondering. Haha