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Alcatel-Lucent Message Board

  • frankenstocken frankenstocken Apr 26, 2013 7:19 AM Flag

    the 1.50 puts still arent in the monay

    .25 cost + 1.40 = no money

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    • 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.

      Can you tell me how to make the “no money” trade?