Casper

Co-founder, CaymanBot

Posts

  1. Why does an option worth $0, if exercised today, still cost $3.80?

    An out-of-the-money option has no intrinsic value, so its whole price is time value: what the market pays for the chance of a move before expiry.

  2. Why can a call option expire worthless even if the stock goes up 7%?

    A call has value at expiry only above its strike and covers its cost only above break-even, so a 7% rise can still leave it at zero.

Put the research in one place

Start free with options data delayed 60 minutes. Premium adds alerts and Strategy Lab, and real-time options data for users who complete the OPRA non-professional attestation.

Start free