
Options
Rate Of Return$Robinhood(HOOD.US)The put option at 250905@105 closed at 101.25, an in-the-money option. After-hours, the market reversed to around 107, turning it into an out-of-the-money option, resulting in the in-the-money option being abandoned. It is recommended that the platform clearly states its rules, as the actual execution of abandonment or exercise does not strictly follow the in-the-money standard. Could it be that some buyers might abandon before the close? But I guess they are idiots! Learned another lesson today, leaving it to the community members to reflect on.
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