Comment on Reddit wants to raise $748M with IPO, sets value at $6.4B
WildPalmTree@lemmy.world 3 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 3 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 3 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.