No because if it goes to $99.99, you don't win much. With a prediction contest it is either you win or you lose.
Re:Nvidia Stock Crash Prediction
by mklyachman on Tuesday January 20, 2026 @11:56AM
(#46694258)
Not really. American put options will pay differently for 95 dollars vs 99 dollars, while this contract settles to 1 either which way.
Re:Nvidia Stock Crash Prediction
by throw-qqqqq on Tuesday January 20, 2026 @06:29PM
(#46699102)
It’s a binary option.
Maybe I’m missing something, but isn’t this just a standard American put option with a strike of $100 and expiry of Dec 31st?