ilmscore | Prediction Details
"if Siri plummets to $1 you will be forced to buy Siri for 450 so yes you did get paid 32 cents for making this deal so your true purchase price is 418 but still the stock fell to $1 this means that you are down $318 which means that you're down 76%"
By ClearValue Tax | September 12, 2023 | Pending
From video
Cash Secured Puts Explained: Options Trading for Beginners 00:07:50 - 00:08:15
Interpreted Prediction
If Sirius stock plummets to $1 after selling a cash-secured put with a $4.50 strike and receiving $0.32 premium (effective purchase price $4.18), the investor would be down $3.18 per share, or 76%.

Prediction Details

Ticker
SIRI
Initial Price
4.28 USD

Comments

0 comments

Be the first to share your thoughts.

Like this prediction?

Join to make your opinion count.