You have to have a good understanding of the Greeks to play options

Report problem with this ad

Jan 26, 2021
10:34:23pm

whoneedscorners? All-American

If you don’t, you’ll get annihilated on premium burn.

This message has been modified

Originally posted on Jan 26, 2021 at 10:34:23pm

Message modified by whoneedscorners? on Jan 26, 2021 at 10:35:55pm

Report problem with this ad

whoneedscorners?

Bio page: whoneedscorners?
Joined: Oct 2, 2005
Last login: Apr 19, 2024
Total posts: 29,950 (1,504 FO)

Report problem with this ad

Messages

Author

Time

So if I were to buy a $9 call expiring January 29, and the price rises above that, I get the option 100 shares for $900

letthewookieewin Holochess World Champion

1/26/21 10:04pm

Yes

palangi

1/26/21 10:16pm

Yes. You are agreeing to purchase the stock on the 29th for $9/share. If you

Star-Lord

1/26/21 10:18pm

Cool so the people who bought call options at low premiums made a killing in GME, right?

letthewookieewin

1/26/21 10:21pm

Ya, but the premiums are jacked up now. They’re still making a killing though

Princepete

1/26/21 10:22pm

You don’t need the capital to buy the shares

Heath Squashwell

1/26/21 10:25pm

This is fascinating stuff

letthewookieewin

1/26/21 10:27pm

Yes. The hero of r/wsb is currently holding 800 contracts with a $12 strike. He

Star-Lord

1/26/21 10:33pm

You have to have a good understanding of the Greeks to play options

whoneedscorners?

1/26/21 10:34pm

You can sell your options at any time before expiration. You don't have to hold

Kerbouchard

1/26/21 10:37pm

Report problem with this ad

Posting on CougarBoard

In order to post, you will need to either sign up or log in.

Report problem with this ad