No. of Recommendations: 3
I've had short put options with significant time value assigned a few times, when it has not been rational. A nice win for me, since I did not need to wait to get the time value. It has always happened on market-melt-down days.
The last time it happened was in March 2020, on one of the really ugly market days during covid. I'm guessing that people (or institutions) may need to do apparently irrational things due to leverage. Anyway, it's been six years since I last had puts assigned that still had time value.
