Sentences with phrase «worthless by expiration»
If XYZ stock becomes worthless by expiration you could lose $ 29 / share.
https://www.borntosell.com/ Not exact matches
(They'll become worthless if the strike price isn't reached by expiration.)
On the other hand, if XYZ does not drop significantly, and if it stays below 60 by expiration day then on expiration day the option will expire worthless and you've made $ 2 / share on the option trade.
If IWM is less than 63 (the strike price of the options you sold) by expiration on Sep 17 then the options you sold will expire worthless.
The expiration date is simply that: if you do not exercise the option by its expiration date, you can no longer do so and the option becomes worthless.
I only had two options left by today's expiration and both expired worthless.
But all options become worthless if they're not exercised by their expiration date.