$CLSK 241220 20.00C$ Big brother who understands options, pl...

思维致富 : Are you buying calls or selling calls?

Snow_Koala OP 思维致富 : I bought a call option, is there any hope... No matter how the underlying stock moves, it just keeps falling. I give up.

思维致富 Snow_Koala OP : You bought it wrong, buying at otm, which means that you will only make money if the stock price keeps rising to 20. You might, still have a chance to wait but time is not on your side, due to time decay.

Snow_Koala OP 思维致富 : So, if you usually buy calls, is it best to buy ones closer to the expiration date and with a price lower than the current price? For example, should I buy a call with a strike price of 13 expiring in 7 days?

不回家的paul Snow_Koala OP : Just think of it as the potential for a rise from 12.20 to 20, currently it seems that not many people are optimistic. The stock is not fluctuating much, as time passes, the options will decline. In addition, the risk you mentioned will be relatively low, but the price will also be relatively high.

Snow_Koala OP 不回家的paul : Thank you very much.

152265530 : You bought a call with an exercise price of 20. Simply put, the stock price will rise to more than 20 before the 20th of this month before you can make money. The 0.3 price you can see now is actually basically the value of time, because there are still 2 weeks until the 20th. If today is the 20th, then the value of your option is 0. The current stock price is 15 yuan, so your situation is called out of the money, or OTM for short, that is, call's exercise price is higher than the current stock price. Now it depends on how the stock price is in the next 2 weeks. If you go all the way to 20 yuan, your option still has a chance to increase a bit. The option is very risky. You'd better study the trend carefully before buying; don't buy it because it's cheap. If you're a beginner, it's best to start by buying one to practice. Good luck

Snow_Koala OP 152265530 : Thank you, big brother, for the explanation.