Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
WildPalmTree@lemmy.world 10 months agoOptions can come with or without the obligation to buy the underlying asset. I’d assume they will never be worth less than worthless.
Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
WildPalmTree@lemmy.world 10 months agoOptions can come with or without the obligation to buy the underlying asset. I’d assume they will never be worth less than worthless.
GissaMittJobb@lemmy.ml 10 months ago
Less than worthless would be when exercised, not exercising would be worth 0 - unless you paid for the option contract, in which case not exercising would represent a loss.