Well it depends on how much time is left and what the bid is, it can be out of the money and still have a bid. In this case IOM FEB 20,
there is not much time left, there for the bid is 0, time is 5 days,or in option play, very close to 0, if the stock goes to 19.5 with a day left say, it might be worth .5 lets say next fridday it is at 21, the option would be worth 7/8 to 1, so we both know how it works, and the wires did get crossed, but I think we are talking abouit the same thing.
Hope your investing is going good, if you have any hot picks, please let me know!
take care!
Cory |
