I'll jump in on Monday, but you could have purchased one call for an extra $97 dollars expiring next Friday, and you would be controlling 100 shares. if the stock flies you could sell the contract for more than you purchased it for, or purchased the 100 shares for 13.00 a piece if it went nuts. The downside, if it did go down you lose the entire $210
Sorry wrong date, it would have cost $210 for the 100 shares.
Market is closed, lets see on Monday. But I would try to get up to 100 shares. Then I would do something like "Write a covered call" that would give you back some premium that you get to keep no matter what happens to the stock up or down. If it goes down that premium would be calculated in to the loss so essentially you purchased at a cheaper price between your average cost, and add the premium. Now if the stock goes up, again you get to keep the full premium no matter what but if the stock rips past the strike price you chose you only get the profit to that strike price because you are obligated to hand over the shares (your broker will freeze them until the option expires or you close out the position) you wrote the call for plus the premium you collected. The downside to this is you are capping your profits, but you can buy a call to close out and keep your shares but you need to think quickly. The goal of a covered call is to just stay under where you think the stock will be at it's expiration date.
Ok, that would cost you $14 to purchase that. The stock would have to have a monster Monday and Tuesday because next Friday if it doesn't hit $45 you lost all $14. Why I say Monday and Tuesday. Options have something called time decay and the closer to the expiration date, you option is worth less. So even if it's at $30-$35 on Wed or Thursday the price of the option may be less because of the expiration. Time decay is very important when you buy an option, Look a few weeks out, the more time you have the slower it decays. You are basically buying a $14 lotto ticket , nothing wrong with dreaming and it will be a cheap lesson learned. But if you hit the lotto on this one, don't expect this all the time. The odds are very much against you. But again $14 would be your total loss, unless they charge a commission, I pay a small fee for options I don't know what RH does.
And for argument sake the $44 strike is the same price, that is actually the better deal.
And I am not looking at the chart, I bet time decay will make that options prices about a dime on Mondays open.
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Shocked its BBY
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Fuck it dudes, /biz/ just convinced me im still early. $1000 for 79 shares, lets get it!
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how much whores could i feed and fuck if i put shekels in it?
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I dunno but im buying 10 stocks right now, just in case
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keep me updated
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1 stock = 1 well fed whore
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I'll jump in on Monday, but you could have purchased one call for an extra $97 dollars expiring next Friday, and you would be controlling 100 shares. if the stock flies you could sell the contract for more than you purchased it for, or purchased the 100 shares for 13.00 a piece if it went nuts. The downside, if it did go down you lose the entire $210
Sorry wrong date, it would have cost $210 for the 100 shares.
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I dropped another $900 after this so i own 79 stocks. I dont know what im doing. teach me based Don
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https://www.optionsprofitcalculator.com/
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thanks fren
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Market is closed, lets see on Monday. But I would try to get up to 100 shares. Then I would do something like "Write a covered call" that would give you back some premium that you get to keep no matter what happens to the stock up or down. If it goes down that premium would be calculated in to the loss so essentially you purchased at a cheaper price between your average cost, and add the premium. Now if the stock goes up, again you get to keep the full premium no matter what but if the stock rips past the strike price you chose you only get the profit to that strike price because you are obligated to hand over the shares (your broker will freeze them until the option expires or you close out the position) you wrote the call for plus the premium you collected. The downside to this is you are capping your profits, but you can buy a call to close out and keep your shares but you need to think quickly. The goal of a covered call is to just stay under where you think the stock will be at it's expiration date.
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is this possible to do on robinhood? can you explain what im looking at here?
what happens if I buy that first $45 call?
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Ok, that would cost you $14 to purchase that. The stock would have to have a monster Monday and Tuesday because next Friday if it doesn't hit $45 you lost all $14. Why I say Monday and Tuesday. Options have something called time decay and the closer to the expiration date, you option is worth less. So even if it's at $30-$35 on Wed or Thursday the price of the option may be less because of the expiration. Time decay is very important when you buy an option, Look a few weeks out, the more time you have the slower it decays. You are basically buying a $14 lotto ticket , nothing wrong with dreaming and it will be a cheap lesson learned. But if you hit the lotto on this one, don't expect this all the time. The odds are very much against you. But again $14 would be your total loss, unless they charge a commission, I pay a small fee for options I don't know what RH does.
And for argument sake the $44 strike is the same price, that is actually the better deal.
And I am not looking at the chart, I bet time decay will make that options prices about a dime on Mondays open.
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If you fucking rupture my Anus like that.. I’m fucking punching somebody..
Snapshots:
archive.org
archive.ph (click to archive)
ghostarchive.org (click to archive)
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