this post was submitted on 11 Mar 2024
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Reddit wants to raise $748M with IPO, sets value at $6.4B (go.theregister.com)
submitted 8 months ago by jeze@lemm.ee to c/technology@lemmy.world
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[โ€“] WildPalmTree@lemmy.world 2 points 8 months ago (1 children)

Options can come with or without the obligation to buy the underlying asset. I'd assume they will never be worth less than worthless.

[โ€“] GissaMittJobb@lemmy.ml 1 points 8 months ago

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.