LogFAQs > #963570528

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Topic	Stock Topic 36
red sox 777 03/18/22 9:48:17 PM #187:	Lopen posted... Well the point is anyone who sold calls this week for $2.50 would need to buy their shares back which creates more upward pressure on the price. Because they were out of the money they don't have to now. People who bought are probably still exercising if they can given the AH movement so in the end it's a small screwjob not a massive one but yeah I mean, I thought that something that ends exactly at the money is functionally equivalent to out of the money. So it would need to end at $2.51 to be in the money. I could be wrong. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:963570528] in Stock Topi... [t:79900364]...</cite> <quote>Lopen posted... </cite> <quote>Well the point is anyone who sold calls this week for $2.50 would need to buy their shares back which creates more upward pressure on the price. Because they were out of the money they don't have to now. People who bought are probably still exercising if they can given the AH movement so in the end it's a small screwjob not a massive one but yeah</quote> I mean, I thought that something that ends exactly at the money is functionally equivalent to out of the money. So it would need to end at $2.51 to be in the money. I could be wrong. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest!</quote> ... Copied to Clipboard!
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