$SQQQ1 241115 8.50C$ Any expert here can advise. The option ...
$SQQQ1 241115 8.50C$Any expert here can advise. The option expire tomorrow and the premium is at 0.01 now and there is no buyer. Can I just let it expire? Which means I lose the premium paid right? Any other cost?
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戒
:
Your options contract is now just a piece of waste paper. To put it nicely, it's still worth a penny. It will be worthless at expiration. There are no other fees involved.
Warren Buffed
戒
:
I saw some people playing options like magic, basically like a magic trick with empty gloves... For example, buying 100 shares of SQQQ and then shorting SQQQ hahaha.
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Warren Buffed : Sorry i no play options... I can play it n collect premiums knowing it hardly go up but no, i no play options
戒 : Your options contract is now just a piece of waste paper. To put it nicely, it's still worth a penny. It will be worthless at expiration. There are no other fees involved.
CG88 OP 戒 : Thank you. It’s fine as long as no need pay extra.
Warren Buffed 戒 : I saw some people playing options like magic, basically like a magic trick with empty gloves... For example, buying 100 shares of SQQQ and then shorting SQQQ hahaha.
戒 Warren Buffed : You are awesome![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d-1f3fb.png)
Warren Buffed 戒 : Impressive, I'm losing 2% every day.