### Comment:
I o lot have a $7 put and it’s at $5.15 . The option profit isn’t coming in, even when the stock dropped 30%. Thank you for the explanation, I’m just confused as to why I’m not rollin in the dough

### REPLY:
Your option is worth at least $1.85 per share based on those numbers. If you paid more than that, then it likely had a very high IV when you bought it.

### END.