I deliberately didn't make any comment regarding anything else you said,as it comes down to everyones individual perspective on what PB replied to you.You are as entitled to your view as anyone else.I agree that the options could be ITM before expiry,but PB's reply to you didn't increase my confidence.The most impressive thing,is that you received a reply to an email.I have sent a few over the last 2 years and have never received a reply,which may be the result of my written thoughts sounding harsher than intended.
Email response from PB, page-85
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