If a call option has a -% to break even, does that mean if you bought and instantly executed an sold you could capture the small profit?


I know it’s probably a stupid question. I have only noticed this on options that are way in the money and have a relatively lengthy amount of time until expiration.

Example: Netflix 01/20/24 $10 Calls are showing a “To Breakeven” of -0.26% (199.48/share)

So theoretically if I were able to buy the option, execute at 199.48, sell at current price ~$200, it would be small but easy profits.

I understand this is probably not wise. Just something I noticed/question while beginning to learn about options trading.


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