Yooo my mooers,
How have you been? Welcome to join mooSchool Summer Camp S4!
I would like to share with you a formula, can you recognize it?

Bingo! It's the so called the 'option value formula', which means the total value of option premium equals to the sum of intrinsic value and time value.
If you have traded or plan to trade US options in the future, there is a feature of moomoo that you can't miss: Unusual US Option...