Yes options are a different kind of asset classThat seems both over-emphatic and oddly specific. Are you saying that this any different for trading any other asset class?
Yes options are a different kind of asset classThat seems both over-emphatic and oddly specific. Are you saying that this any different for trading any other asset class?
Yes options are a different kind of asset class
I wasn't talking about implied volatily (this IV) but intrinsic value (this other IV). Intrinsic Value increasing faster than Time Value is decreasing.There's nothing in the details that the OP provided that suggests that there has been any change in implied volatility. Maybe it has, maybe it hasn't, but it's unknown.
You had it right in your previous answer:
"Intrinsic value has increased faster that the time value decreased because I understand from your message that the stock price increased. So overall the option price increased."
There is no 'other IV'. Everyone interprets IV to mean implied volatility.I wasn't talking about implied volatily (this IV) but intrinsic value (this other IV). Intrinsic Value increasing faster than Time Value is decreasing.
There's nothing in the details that the OP provided that suggests that there has been any change in implied volatility. Maybe it has, maybe it hasn't, but it's unknown.
You had it right in your previous answer:
"Intrinsic value has increased faster that the time value decreased because I understand from your message that the stock price increased. So overall the option price increased."
There is no 'other IV'. Everyone interprets IV to mean implied volatility.
Good for you. You found some web sites that also misuse IV as intrinsic value.
Good for you. You found some web sites that also misuse IV as intrinsic value.
One of your links is to an article written by Patrick Curtis of the Wall Street Oasis Editorial Board. Click article's link: "Return to Financial Dictionary". Then click on their list of terms that begin with the letter I and look for "Implied Volatility". It's not there. Does that mean that there's no such thing?
Do a google search on "IV option" and let us know what the results are?
Got intrinsic value?