- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: options trading
Posted on 11/12/08 at 7:54 pm to True23Tiger
Posted on 11/12/08 at 7:54 pm to True23Tiger
quote:
If it gets low enough to buy in cheap and hits that strike price
Define it
1
Posted on 11/12/08 at 11:13 pm to LSUtoOmaha
quote:
Define it
sorry I meant the bid price or the price I would buy in at for the contract.
My buddy just explained options to me on the phone a few days ago so my knowledge and lingo are limited. Basically he said there is a strike price and a date of expiration. The price you get in at fluctuates according to the amount of time until expiration and the probability of it hitting that strike price.
That was the "it" I was referring to when I said if it gets low enough.
here is CHK
LINK
so if I wanted CHKKQ.X it would have a strike price of 22.50 and would expire nov. 21st and cost me $67.00(b/c its bid and ask price avg out to around .67x100)(the price I would get in at).
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News