Bought Acb Calls

Discussion in 'Options' started by GotherL, Nov 9, 2020.

  1. GotherL

    GotherL

    Bought puts of Li right on the open and got an favorable fill I cannot put my finger on. It filled me at .60 at around $38 underlying price. It moved up like $40 but instead of being down I was close to breakeven. I covered the puts way too early and only made 50%. Would've been 500% if I held all the way down to the low 30's. Did someone panic and misprice his puts to get out of the position? What's up with that...
     
    Last edited: Nov 14, 2020
    #21     Nov 14, 2020

  2. You are a peculiar fellow.
     
    #22     Nov 15, 2020
    mac likes this.