Assertion: call's option | /r/HasAspect | no value
Facets:
value: no longer
type: TEMPORAL
value: at expiration
type: TEMPORAL
value: the less time there is
type: OTHER
value: as 2
type: OTHER
Source sentences:
text: As in outcome #2, the option has no value and the option seller gets to keep the entire premium.
text: The ITM (In-the-money) options are the ones that have value and that you want to own!
text: Maturity Date: also referred to as the expiry date; the option no longer has any value if not exercised on this date.
text: The less time there is until expiry, the less value an option will have.
text: If an option has no value at expiration, and it has not been offset or exercised, the option expires worthless and no further action is required.
text: However, that doesn't mean that the options have no value because they may still have time value.
text: This means that, other than the premium, the option has no value and the price is close to nothing.
text: If an option is out-of-the-money on the expiration date, the option has no value and basically expires worthless and ceases to exist.
text: An option that has value will likely have a higher premium than an option that is unlikely to make a profit by its expiry date.
text: At expiration, the option ceases to exist and no longer has value.