system
A chat on subreddit /r/wallstreetbets
human
Lol okay bro. Recalculate that itm put after IV is refreshed and the actual Netflix price is determined at the open. 
  
 Good lord your hubris is amazing.

gpt
Okay why are you talking about IV? IV dictates premium... when your option is 38$ deep ITM... its **intrinsic value** is $3800. Now add a premium on your intrinsic value and your IV comes into play. Higher IV, higher premium. Your cost basis is $2600 and just the intrinsic value of your ITM put is $3800. Add premium to it, then your put must be worth atleast $4000