Likely gonna expire worthless today
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50566 暗涌 : what is ur break even price?
Billy Badass : i think we will see 248-250 close to end of day but at thst point your premium and buyers will be gone, sorry.
Cow Moo-neyOP 50566 暗涌: I sold this Put contract for $2.5 premium. So the break even price would be $210 strike price - $2.50 = $207.50. As long as Tesla stays above 207.50 today, I’ll profit from this trade
Cow Moo-neyOP Billy Badass: Sorry I don’t get what you mean. Even if Tesla closes at 248 today, this Put contact that I sold will still expire worthless. I’ll get to keep the full premium.
Billy Badass Cow Moo-neyOP: i missread ahh you sold that put contract good play!