A question. I Contracts 2 Contracts of the Tesla Stock Opti...
A question.
I Contracts 2 Contracts of the Tesla Stock Option today.
$820 put @15.70 exp 5/29 pic included to maybe explain better im new. Tesla closed at $813 I think. My question is if it's still that low or lower when open tomorrow that will make The value of the contracts more like $17 or so am I correct? Profit If I Sold at Open I would Profit Profit Near A Grand or More. Am I correct here or no? Any input would be
I Contracts 2 Contracts of the Tesla Stock Option today.
$820 put @15.70 exp 5/29 pic included to maybe explain better im new. Tesla closed at $813 I think. My question is if it's still that low or lower when open tomorrow that will make The value of the contracts more like $17 or so am I correct? Profit If I Sold at Open I would Profit Profit Near A Grand or More. Am I correct here or no? Any input would be
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Rickey Newell OP : actually tesla closed at 820 and change now that I think about it but fell too 813 after hours.
70065450 : not 1 grand 17 -15.7= 1.30 =$ 130
Rickey Newell OP 70065450 : ok I think I understand. im hoping the stock stays where it is or goes lower. now next question what if it goes below the break even point
70065450 : u make more money lol
Rickey Newell OP 70065450 : sweet thank you very much. im just trying to figure this out. today was an up and down day lol ended 180 down but looking like it'll be way up as long as Tesla stays down lol fingers crossed
70065450 : becareful with option and this expired soon, watch closely!
Rickey Newell OP 70065450 : I plan on selling it first thing provided things go well. thank you again for the input. it's really appreciated
70065450 : i mean watch the stock, if it continues tanking , keep holding it makes more money
Rickey Newell OP 70065450 : anything I should look for so I don't wait to long?
70065450 : how can u take this kind of risk with 1570 dollars if u dont even know what to watch ! wake up before market open and see which direct it goes, if stock go up u may want to sell, if stock price falling keep watch to see if go up then sell
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