Fractional shares refer to a portion of a share of a company's stock. For example, you can own half of a share or one-tenth of a share. This allows investors to buy a smaller portion of a stock, which can be helpful for those who don't have enough funds to purchase a full share.
When you sell a put, you are essentially giving someone else the right to sell you a stock at a certain price (strike price) within a certain time frame. If the stock's price goes down and the put option is exercised, you will be obligated to buy the stock at the strike price. If you want to sell another put option on the same stock, you can do so after the first option expires or is closed out.
I hope this helps! Let me know if you have any other questions.
PaperTradingOfficial : Hi there!
Fractional shares refer to a portion of a share of a company's stock. For example, you can own half of a share or one-tenth of a share. This allows investors to buy a smaller portion of a stock, which can be helpful for those who don't have enough funds to purchase a full share.
When you sell a put, you are essentially giving someone else the right to sell you a stock at a certain price (strike price) within a certain time frame. If the stock's price goes down and the put option is exercised, you will be obligated to buy the stock at the strike price. If you want to sell another put option on the same stock, you can do so after the first option expires or is closed out.
I hope this helps! Let me know if you have any other questions.
PaperTradingOfficial : You can obtain more investment knowledge from the Investment Toolkit.