Beanionaire
OP
z3phyr
:
bought 1 put at $100 when the price was around 836. value of put increases when tsla share price drops. right now the option is worth about $200. I can sell the put and take the profit. no shares involved.
Beanionaire
OP
z3phyr
:
click on the option tab as shown in the photo. option trading is risky. better to read up more before trading options. all the best
PandaMoo
Beanionaire
OP
:
Interesting... but like that you basically don't have any asset.. or you can buy it at a certain locked "locked price"? Still learning about Put & Call, still confuse..
Beanionaire
OP
PandaMoo
:
some ppl buy put or call options so that they can sell or buy shares at their chosen strike price. but there are traders who just trade options with no intention to buy or sell shares. you can buy an option at a certain price and sell it when its value rises. good to learn more about options. I prefer trading options than stocks
PandaMoo
Beanionaire
OP
:
Thank you! Yeah.. I think I confuse about those two strategies, who buy opt to buy at certain price and only buy Opt to profit from it..
z3phyr : How does this work?
Beanionaire OP z3phyr : bought 1 put at $100 when the price was around 836. value of put increases when tsla share price drops. right now the option is worth about $200. I can sell the put and take the profit. no shares involved.
Beanionaire OP Beanionaire OP : do note that the share price could continue to rise instead and the put loses value
z3phyr : Where to buy this option?
Beanionaire OP z3phyr : click on the option tab as shown in the photo. option trading is risky. better to read up more before trading options. all the best
z3phyr Beanionaire OP : Thank you. Not buying yet, just trying to find out more & learn :))
PandaMoo Beanionaire OP : Interesting... but like that you basically don't have any asset.. or you can buy it at a certain locked "locked price"?
Still learning about Put & Call, still confuse..
Beanionaire OP PandaMoo : some ppl buy put or call options so that they can sell or buy shares at their chosen strike price. but there are traders who just trade options with no intention to buy or sell shares. you can buy an option at a certain price and sell it when its value rises. good to learn more about options. I prefer trading options than stocks
PandaMoo Beanionaire OP : Thank you! Yeah.. I think I confuse about those two strategies, who buy opt to buy at certain price and only buy Opt to profit from it..