ChartTrader
OP
104249546
:
Put mean you earn money when the price go down. I have a put at 190 mean no matter Tesla drop to 180 or 150 or 100, my loss is limited by the 190 Put. For this case price stay below 190, is my highest loss. Loss from my buy price of 198 and Option Premium.
104249546 : What does put mean? Buy or sell?
Zenith9 : Put is the right to sell while call is to buying right at the certain time
ChartTrader OP 104249546 : Put mean you earn money when the price go down. I have a put at 190 mean no matter Tesla drop to 180 or 150 or 100, my loss is limited by the 190 Put.
For this case price stay below 190, is my highest loss. Loss from my buy price of 198 and Option Premium.
104931295 : And what happens if the price stay above 190? Difference = loss?
ChartTrader OP 104931295 : my breakeven point at 203. Above 203 means positive and below it means negative. Until end of next week