Timeless NYTs trade between 0 and 0. 50 of the underlying while PYTs range between 0. 50 and 1.

28 Oct 2023, 22:18

Timeless NYTs trade between 0 and 0.50 of the underlying while PYTs range between 0.50 and 1? So NYTs can theoretically increase by any proportion. For example, the price of NYT might go from 0.08 to 0.35, a 337.5% increase. 0.0001 to 0.5? About 499900% & no expiration dates!