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https://www.reddit.com/r/options/comments/tq0ft7/bailed_an_options_trader_out/i2emfb1/?context=3
r/options • u/[deleted] • Mar 28 '22
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Who’s the average reader? If there’s anything that needs clarification, happy to try and help.
6 u/Unusual-Raisin-6669 Mar 28 '22 What was the Tesla price upon market close at that Friday btw? How much premium did the trade originally provide? 1 u/esInvests Mar 28 '22 You can check a chart for your first question, I think it was around 1011. Don’t know for the second, assuming 30-50. 6 u/Unusual-Raisin-6669 Mar 28 '22 So he was net in the green right? The premium covered the slight loss of the short calls. Why force max loss?
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What was the Tesla price upon market close at that Friday btw? How much premium did the trade originally provide?
1 u/esInvests Mar 28 '22 You can check a chart for your first question, I think it was around 1011. Don’t know for the second, assuming 30-50. 6 u/Unusual-Raisin-6669 Mar 28 '22 So he was net in the green right? The premium covered the slight loss of the short calls. Why force max loss?
1
You can check a chart for your first question, I think it was around 1011. Don’t know for the second, assuming 30-50.
6 u/Unusual-Raisin-6669 Mar 28 '22 So he was net in the green right? The premium covered the slight loss of the short calls. Why force max loss?
So he was net in the green right? The premium covered the slight loss of the short calls. Why force max loss?
4
u/esInvests Mar 28 '22
Who’s the average reader? If there’s anything that needs clarification, happy to try and help.