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Old 12-18-2017, 07:59 PM   #1505
petegz28 petegz28 is offline
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Join Date: Feb 2005
Location: Olathe, Ks
Quote:
Originally Posted by Buehler445 View Post
The puts gained value as it went down. It is a separate trade from the stock.
Yeah but net-net you probably lost money or broke even at best. If the stock was at $19 and went to $17, assuming you bout $19 Puts, the option is worth $2 at expiration. So you broke even, even if you made a profit on the specific option trade.
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