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In that case shorting at 5 would mean that you expect it to do lower than 155. If it cashes out at 0 you win 5... {nm}

Posted by: slappydavid on Oct 27, 11:54 in response to Ruthian23's post Quick question about BOWs

Quick question about BOWs Ruthian23 Oct 27, 09:35

In that case shorting at 5 would mean that you expect it to do lower than 155. If it cashes out at 0 you win 5... {nm} slappydavid Oct 27, 11:54

BOW? You mean Blockbuster Warrant? With a strike of $150, and you short, you're betting the film makes anything less than $150M in the edzep Oct 27, 11:59

Oh, right, so it'll just be the $5. I was making sure that if the strike price was 150 and it made 80 that you wouldn't get 70 per share on Ruthian23 Oct 27, 12:43

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