| | | Would say your short OKE put 2022 01 21 strike 12.5 is between safe to very-safe
I just put the Jack to bed and immediately attacked the same target but from a different direction, for no particular reason as I know nothing about the company other than the impression that it used to be worthy, before the bio-strike, and that you are willing to buy it at 12.5 less 3.90, net 8.60
So i wagered below, random expiration / random strike price, believing everything is free anyway, because the bouncing up & down generates own opportunities to trade out even is wrong unless very wrong, and if very wrong, begs a question, “how much would gold be at moment of very-wrong?”
Either that or i believe the kill-zone is a lot closer to current trading price (who can know? Nothing matters when everything is free)
If ‘they’ fail to fix OKE price, not good for anything else.
If speculators can keep the volatility going without dying in large clumps, we may never have to again toil, for the greater good. The drink of volatility water has been timely.
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