AndreaC : The question is about calculating the profit on the PLTR 100 PUT expiring on March 14, 2025.
How to Calculate Profit on This PUT Option?
1. Purchase Price (Entry Price) = $6.00 per contract
2. Current Price (Market Price) = $11.35 per contract
3. Profit per Contract = $11.35 - $6.00 = $5.35
4. Number of Contracts = 1
5. Total Profit = $5.35 × 100 = $535
Final Result: The profit is +$535.00 (+89.17% return).
This means the PUT option’s value has increased by 89.17% compared to the initial purchase price.
If you need clarification or want advice on whether to close, roll, or hold this position, let me know!