Quote:
Originally Posted by Cappy
Yes. According to my account, the most expensive option position on Friday is $9.00. If AMC holds above $9 until Friday then all calls are in the money. All puts are out. If those calls are naked, then there could be more buying to cover.
Again, I’m not an expert and my experience in options trading has been poor lol
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It's counter-intuitive, but in-the-money calls will result in selling pressure. Instead of paying for the shares, when the calls settle, most options-turned-shares are immediately liquidated. easier to take the profits than tie up real capital to maintain the position.