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Bainville, MT | So this is all hypothetical question about puts
So let's pretend an Oct 16 at the money put is right at 165.00 with a cost of 10.00. So my cost for the put is 5000 correct???
Then let's pretend the market continues to fall ... Let's say it goes down to 160.00. So now is my put worth more than 5000.00??? I mean can I sell/assign the put to someone else for say 15.00 or 7500.00 bucks??? I guess I'm asking is it transferable.., I mean do I have to ride it out all the way to expiration,,, or can I pull a Harold Hamm and cash them in early.
Sorry for the poor typing. My kids were jumping on the bed and cracked the screen on my iPad so there is dead spots. Like my grandma says. When you got kids sometimes that's all you got. | |
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