Hacker News new | ask | show | jobs
by mikestew 1965 days ago
You should probably put the bottom, italicized part closer to the top of what is a good illustration. Many folks (most?) won't immediately know what a $300 premium means to a $360 strike price. Meaning even if it goes to zero, you make a whopping $60. But your point of making $30 on a $300 risk clears it up, I think.