[OC] I sell options for a living. Here is a glimpse into what a typical month looks like. My October performance.Effective_Hope_3071 t1_iy3j11y wrote
Reply to comment by iamthemosin in [OC] I sell options for a living. Here is a glimpse into what a typical month looks like. My October performance. by ShallowNefariousness
Because he's selling not buying. He begins at a starting gain of 92K by selling 92K worth of premium and then "loses" 73K when buying to close his positions. Therefore 18K profit. He bought his contracts back for less than what he originally sold them for.
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