DislikedLOL - another urban myth - the share price dropped from ~190 to ~160 so around a 16% fall.......so perhaps the TOTAL value of ALL of the Puts written incresed by $2m......but not each single one....assuming that you are talking about an Exchange traded product. Now for a "exotic" - that's a different ball game....http://cdn.forexfactory.com/images/icons/icon12.gifIgnored
I understand the main idea behind options but I have never bothered to learn the ins and outs and the language to trade them. Forex was always much easier and fun. I'm sure with time I'll get into options as well.