options have intrensic value and thats why even if goog were to trade at 575 your puts may still be worthless. Everything has a price... learn how to trade options next time there are lots of stuff on the web. This is why the other poster said he bought calls and it was up 30.00 but he lost money still.
Welcome to the options game.
WOW amazing you buy options and dont know how to cacluate the value?
decay will eatit up for lunch, but in general anything under 585 will be a 1:1 move, so you spent 1.80 your BE is 583, Currenlty AH is 576 so do the math wizard, 583-576=7
so if it stays at the 576 level it may be worth 7
but dont jump up yet just because its 576 AH does not mean it will open at that If it open anywhere near 583 or higher then you lose.
Really no disrespect but dont play opitons on earning that expire 1 day if you dont know how to do the math
You need to BUY the shares at the $575 price and deliver against the put. I don't believe GOOG will be much lower than that on the open tomorrow, and could be above the $585.
After Hours trades can be wild and wooley. However, it is certain that buying at 575 will give you a profit. Take it and smile.
Just to get an idea,
Intrinically: $585 - Tomorrows Stock price
I'm assuming you're not going to be exercising that option, so you may consider selling that option sooner rather than later because your theta is going to decay pretty quickly.
Right now would be around $5. So you almost tripled your money ... however ... that is at this moment. You will have to sit and watch because you can not trade options AH. Be sure to sit behind your computer at 9.30 AM EST tomorrow morning.