74456495
OP
:
she bought 20 call options with a strike of 800 on june 24,2024 expiring june 20 2025. The call price was around 840 at the time of purchase. So an investment of around 1.68 million. Delta is close to 1, so for every dollar price drop, she loses 2000 approximately.
beh-lek-gold : I guess you just said the same sentiments as thousands of the people here haha
stockhub : Nancy bought option to expire in 2025.
So you got to wait and it does not always go straight up predictable.
Good time to buy calls at low price
Kyrios : u are not alone la hahaha
74456495 OP : she bought 20 call options with a strike of 800 on june 24,2024 expiring june 20 2025. The call price was around 840 at the time of purchase. So an investment of around 1.68 million. Delta is close to 1, so for every dollar price drop, she loses 2000 approximately.
74456495 OP 74456495 OP : sorry, that's before the split. Now it is 20000 for every dollar