“So if that option decays and the price goes down and I buy…” — Chat With Traders at 20:02
“So if that option decays and the price goes down and I buy back or buy to close for $40, so I collected $60 and I paid $40, my net profit is $60, which is 60% of my original max profit of $100. Does that make sense? Yes. Okay. Now that's taking a profit on a winner. So on the other side, we mentioned that options can…”
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