Not sure why P&L is positive on this put
If the market value is 0.18 it means that if I sell to close the most that I’m going to get is 18 but I purchased this put for 66? If I’m correct, why is the P&L positive? Is it because the price of the stock went up?
If the market value is 0.18 it means that if I sell to close the most that I’m going to get is 18 but I purchased this put for 66? If I’m correct, why is the P&L positive? Is it because the price of the stock went up?