Options Question: Herbalife

Discussion in 'Options' started by ashantt, Jul 29, 2014.

  1. ashantt

    ashantt

    Why did one of these Puts on $HLF was profitable while the other wasn't?

    Thanks.
     
  2. convexx

    convexx

    Because they didn't trade. Stop paper-trading. You will go blind.
     
  3. ashantt

    ashantt

    regardless, please explain why one put would be profitable and the other not?
     
  4. Draw a payoff diagram for each option, assuming HLF is trading around 60 like it is in your picture. You will find the answer.