jeze@lemm.ee to Technology@lemmy.worldEnglish · 8 months agoReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comexternal-linkmessage-square153fedilinkarrow-up1388arrow-down120
arrow-up1368arrow-down1external-linkReddit wants to raise $748M with IPO, sets value at $6.4Bgo.theregister.comjeze@lemm.ee to Technology@lemmy.worldEnglish · 8 months agomessage-square153fedilink
minus-squareWildPalmTree@lemmy.worldlinkfedilinkEnglisharrow-up2·8 months agoOptions can come with or without the obligation to buy the underlying asset. I’d assume they will never be worth less than worthless.
minus-squareGissaMittJobb@lemmy.mllinkfedilinkEnglisharrow-up1·8 months agoLess than worthless would be when exercised, not exercising would be worth 0 - unless you paid for the option contract, in which case not exercising would represent a loss.
Options can come with or without the obligation to buy the underlying asset. I’d assume they will never be worth less than worthless.
Less than worthless would be when exercised, not exercising would be worth 0 - unless you paid for the option contract, in which case not exercising would represent a loss.