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by brendawalsh 2108 days ago
Interesting position. I like it.

It took me a bit of time to realize you can make money “out of the money” with options.

1 comments

With options you make more money selling the option before expiry so the out of the money will have more theta value so you will likely get paid more. Also if theta is higher and the cost of the contract is low, you are getting more for premium (extrinsic) versus intrinsic value.