Being new to Options, I don’t understand your criptic message and how the trade would equal “no money”. BUT would love to know how to make that trade.
I’m assuming you’re talking about the Jan 14 Expiration date.
On ThinkorSwim the “mark” price for the 1.50 is currently .40
I really don’t trade PUTs but here’s my limited understanding:
If I were to “SELL” the 1.50 at .40, it will cost me 1.10 buy the stock if it continues to go lower but will get to keep the premium if the SP ends above 1.50.
If I were to “Buy” the 1.50, the SP will have to be below 1.10 to make money and will lose most of the premium if the SP were to go up.
i buy low and sell high puts and calls are suppose to balance out to cover your behind ... watch the cnbc lucnh show and follow there advice or get a few books and study for 6 mos and try it out on paper for a while .. then try it out but dont bet with your heart