Who will probably come by how much tomorrow?

Done1004 : Will you lose money tomorrow at the end of 165

aenicky OP Done1004 : Ooh! thanks

卧月 : Clear Zero

OceansWave : It’s still OTM and so if by end of tomorrow it’s does not hit 165, ur premium will be 0. Ok, we see that the shares of Apple dropped after earnings by 5 - 6 dollars, u find ur delta and multiple by the dollar difference of the stock price, each dollar change of the share price, will be 1 multiple the delta.. however take note, when market open, the change of the premium will be very fast as the volume is coming in.. my take is always to wait for while for the premium to stabilise, which will normally be the first 15mins when market open…

I went for the strangle option of 177.5 - 172.5… got to hit past the two strike price and will earn alittle lol

aenicky OP OceansWave :