LogFAQs > #941806264

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Topic	Stock Topic 7
red sox 777 07/07/20 4:57:28 PM #380:	Moonroof posted... So Id make $11.85 because thats what I put in there? That doesnt make sense or else is just put like $1,000,000? No one will buy the put if you offer to sell for $1,000,000. I don't think anyone will pay $11.85 for that put either. Personally, I wouldn't offer more than 1 cent for the $1 put. You gotta look at the current bid/ask to see what's a reasonable amount. --- September 1, 2003; November 4, 2007; September 2, 2013 Congratulations to DP Oblivion in the Guru Contest! <cite>red sox 777 posted [p:941806264] in Stock Topi... [t:78792868]...</cite> <quote>Moonroof posted... </cite> <quote>So Id make $11.85 because thats what I put in there? That doesnt make sense or else is just put like $1,000,000?</quote> No one will buy the put if you offer to sell for $1,000,000. I don't think anyone will pay $11.85 for that put either. Personally, I wouldn't offer more than 1 cent for the $1 put. You gotta look at the current bid/ask to see what's a reasonable amount. --- 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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