Yes,it was a slightly OTM option.I was only saying that an increase in vol does not increase the Delta for ITM... Think of a garbage put becoming ITM..the only chance is a massive spike in vol..The prob of touch/Delta would increase,while the corresponding ITM call Delta would obviously have to go down.. Greeks are great,but an intuitive understanding of options goes a long way..
Someone on Robinhood chat bought the GME $300 calls($100,000) when stock was $150. He sold them when GME crossed $320 letting us know. Guys like him are buying crazy strikes and got paid. Most will not be as lucky as dilution comes.
taowave: When did you first discover that? I just uncovered that this week and curious how long it existed. Had I known that existed last year, I would not have expended the effort to code my own.
Hmmm...I left IB 2 years ago and switched to TOS,so I am guessing 729 days ago It's been there for a while