$NVDA 240830 155.00C$ Help needed ! I recently bought a 30/0...
$NVDA 240830 155.00C$ Help needed !
I recently bought a 30/08 $155 call option contract for nvdia
If i sell the contract that i bought say on 27/08 and the stock price goes above the strike price before 30/08,
Am i fucked ? Because i do not own 100 shares of nvdia at the moment OR do i earn the premium earnt and nothing happens afterwards ?
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Melon Musk : huh if you bought a call then you have the right to choose whether or not to buy the 100 shares. how would you be screwed? you don't need to hold any shares. are you mistaking a call and a put?
mamamia619 OP Melon Musk : What im trying to do here is to earn from the price of the contract. I do not want to purchase shares or sell away my shares you get me
Im abit worried now
WOLFE (白狼） : $NVIDIA (NVDA.US)$
Going up no issue and red is above 75% approaching tops.
Melon Musk mamamia619 OP : if you sell the contract away you won't have to buy or sell anything . go ahead and sell it if you want to take profit
mamamia619 OP Melon Musk : I assume it works the same as stocks then ?
I buy then sell and the trade is over right ? No other obligations
Melon Musk mamamia619 OP : of course, other than the commision paid
mamamia619 OP Melon Musk : Thank you so much for d help , maaaa man
AD999 mamamia619 OP : You can sell back anytime. But one thing to consider, have you reached to your breakeven point, or do you want to sell quickly to stop loss?
臭豆腐哥 : I also bought a bearish one last month. When I bought it for the first time, I thought the expiration system would alert me, but until now there have been no reminders, and I've even forgotten what stock it is. Where can I see it?