I bought USO strike 145 expiring today last Friday when it was around 135.

    Can anyone explain why it’s down? Is it just since Vix went down since I bought it? Poor liquidity on bid/ask spread? Thanks.

    USO call option down
    byu/Material_Key5935 inoptions



    Posted by Material_Key5935

    1 Comment

    1. I don’t know a lot about options I’m assuming you don’t either, maybe your break even had to be slightly higher? As you approach the day of expiry this break even becomes more important

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