Well, I didn’t intend for this to be a recurring topic, but Barron’s has managed to make another blunder in their Striking Price column.
Do you see the issue?
The article says that a 22.50 call will be worthless if the stock is below the stock price at expiration. Well, either Mr. Sears is suggesting the stock somehow bends the laws of physics, or the intended wording is “If the stock is below the strike price at expiration…”
Given that the recurring column is called The Striking Price, I would expect quite a bit more from the editors at Barron’s.
Certainly less of a journalistic issue than the last one (read here if you missed it), but still sloppy editing nonetheless.
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