103182993 :
Sorry, a newbie, I really don't understand how they will bleed. The call option premium is 4.03 and the exercise price is 25? Meaning if the share price goes above 29.04, they make a small profit, right?
I really hope the share price will rise to at least 47. Currently, I'm on paper loss of 2k already
151890978 : Will it rise tonight
VibraniumHands 151890978: yes. highly doubt it will fall
103182993 : Sorry, a newbie, I really don't understand how they will bleed. The call option premium is 4.03 and the exercise price is 25? Meaning if the share price goes above 29.04, they make a small profit, right?
I really hope the share price will rise to at least 47. Currently, I'm on paper loss of 2k already
Panic at the discoOP 103182993: It will be considered call options in the money (ITM) , and will be converted into 100 shares at the strike price eg $20 or $25 (which they have to buy back at current price and top up the difference ) read this for a better understanding
Options Expiration: What Happens When Options Expire? | tastylive