Discussion in 'Options' started by stock777, Mar 20, 2008.
when it looks that easy, it aint
Umm.... the equity markets are CLOSED tomorrow for Good Friday, which means that March puts are effectively worth ZERO except for any INTRINSIC value at today's close. So, what would be the point of buying any such PUTS after today's close?????
Basically, you have 5 minutes left of usable time now - no wonder the premium is representing a fire sale!!!!!
Thats why I come here. We have the best brains of wall st at our beck and call.
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