i have a question on puts, my 12.50s if it opens or closes under that
my contracts are in the money. The last trade shows to be 1.27, what would the price be if the stock does hit 12.50 like it shows after hours?? WOuld the put price jump to 2 some dollar or 3?? if it goes under 12.50 or does it lose the put value or will gain. The reason why I ask this is because my DNDN options got goofed when it lost value even though very close to price.