Miss chance of winning $140K
I used to have following positions
1) 27 GOOG JAN06 $430 PUT cost was $1.5 each
2) 17 GOOG JAN06 $440 PUT cost was $2.65 each
My total investment was ( 27*1.5*100 + 27 ) + ( 17*2.65*100 + 17)
= 4077 + 4522 = 8599
What if I kept them at the end of today (Jan Option Due, Jan 20,06).
GOOG Jan06 $430 PUT is $31
GOOG Jan06 $440 PUT is $41
Total value will be:
(27*31*100-27) + (17*41*100 - 17)
= 83673 + 69683 = 153356
The missed profit = 153356 - 8599 = $144,757

0 Comments:
Post a Comment
<< Home