Posted 4/18/2022 08:10 (#9619005 - in reply to #9618992) Subject: RE: Were those calls speculative or covering a cash sale/hedge?
NW Indiana
I have seen times in the past where a 20k purchase of ATM calls turned into 40K while that same investment on OTM a ways turned into 100k. Many factors involved such as volatility, time of run up, expiration etc. More risk farther out of the money but also more reward.