Question
MRK is selling at 27.03. If I buy a 27.5 call and it's data consists of
Last 1.85
Change- down .05
Bid 1.75
Ask 1.85
Volume 231
Open Int 9815
Then why would I only make .35 if MRK is selling at 29?
Last 1.85
Change- down .05
Bid 1.75
Ask 1.85
Volume 231
Open Int 9815
Then why would I only make .35 if MRK is selling at 29?