Assertion: put | /r/CapableOf | expire worthless
Facets:
value: in the event
type: TEMPORAL
Source sentences:
text: You simply allow your puts to expire worthless or sell them to close your position (if they’re still worth anything).
text: When selling puts with no intention of buying the stock, you want the puts you sell to expire worthless.
text: Out-of-the-money puts are more likely to expire worthless (the best-case scenario for option sellers) but offer lesser potential gains.
text: Potential profit is limited to the net premium received less commissions, and this profit is realized if the stock price is at or above the strike price of the short put (higher strike) at expiration and both puts expire worthless.
text: In the event that XYZ stock rallies and is trading at $45 on expiration in July, all the puts will expire worthless and the trader's profit will be the initial $300 credit received when entering the trade.