YumiChan
10-15

$CONY 20241018 13.0 PUT$  Any expert can advise how can i realise this profit? I just accidentally entered this position and not exactly understanding how it work.

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Comments

  • Janzant
    10-15
    Janzant
    U are selling a contract at 13, earnings a premium of 119 by 18th Oct, if it hold it price above 13.
    if it fall below 13 by 18th Oct,  u will be assigned to buy 100share at 13. u still earn 119.
    • JanzantReplyYumiChan
      Yes u can close the contract and  lock the profit before Fri closing bell 4am
    • YumiChan
      Thanks. Can i exit now and lock this profit? Or must i wait till 18 oct?
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