If you use RH you can click the simulate returns button. While not 100% accurate it can give you a rough estimate of
funguy6019 on
I would take profits right at open if I was you. I would say double your money easily but hard to say. Don’t be greedy limit order and make sure you put it low.
Tazlon2000 on
With IV crush factored in, probably around the 0.50-1.00 range ($50-$100) if the stock is trading between $330-$340. It’ll have to get to $345 for you to break even, after that it’ll be a near 1 delta going up.
FrostyFargoan on
Not sure you’ll even be profitable. That far OTM and quick expiry, the IV crush might be incoming
building-block-s on
Hold it, lulu will revisit $350 tomorrow. Don’t be scared if the position is negative at the beginning.
6 Comments
Please try this https://www.optionsprofitcalculator.com
If you use RH you can click the simulate returns button. While not 100% accurate it can give you a rough estimate of
I would take profits right at open if I was you. I would say double your money easily but hard to say. Don’t be greedy limit order and make sure you put it low.
With IV crush factored in, probably around the 0.50-1.00 range ($50-$100) if the stock is trading between $330-$340. It’ll have to get to $345 for you to break even, after that it’ll be a near 1 delta going up.
Not sure you’ll even be profitable. That far OTM and quick expiry, the IV crush might be incoming
Hold it, lulu will revisit $350 tomorrow. Don’t be scared if the position is negative at the beginning.