### Comment:
Irregardless of IV your break even point is always strike plus whatever you paid for the option. 
  
 And vice versa for puts. 
  
 Always worth keeping in mind if the Greeks get too complicated.

### REPLY:
Yeah, but that means that people need to have enough money to buy options that aren't retardedly OTM. I'm sure that 90% of people on this sub buy options which never get exercised.

### END.