Yes they do. With FB, if I would have had the 7/17 puts, I would have held because I expected a decline to happen.
I missed out on $51K in PINS calls. I had 510 contracts that I had to sell on expiration day. Then on Monday the stock jumped $1.50. I’ve had quite a few of those lately.
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Disclaimer: Of course, all of this is my opinion and you should not make any investment decisions based on my opinion. I have not received any non-public information.