Cost trap of far out-of-the-money options

Do seemingly cheap options require an unreasonably large move?

US options OPT-046 Scatter Sample

Sample data. Every number, symbol and holding on these pages is generated sample data dated 2026-10-16, used only to illustrate layout and method for educational and informational purposes. It is not market data, backtest output or a forecast, and the analytics described in the specifications are not running.

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0700.HK Tencent Holdings | Hang Seng Index | 2025-10-16 – 2026-10-16 | HKD

Highest item: Wide spread
4.36 %
Lowest item: Low premium, far from threshold
-3.65 %
Average
1.41 %
Number of items
4 items

Main chart: breakeven distance from current price (%), by premium / current price (%)

Breakeven distance from current price (%) (Scatter)

Supporting chart: relative spread and days remaining

Premium / current price (%) (Bar)

Detail: rows, observation dates and missing-value status for the cost trap of far out-of-the-money options

Breakeven distance from current price (%) and Premium / current price (%) (Table)

Sample data rows

Premium / current price (%)Breakeven distance from current price (%)Premium / current price (%)Data date (sample)
Low premium, near threshold 4.04 8.83 2026-10-16
Low premium, far from threshold -3.65 4.69 2026-10-16
Wide spread 4.36 32.62 2026-10-16
Very near expiry 0.87 18.06 2026-10-16