$NVIDIA (NVDA.US)$ my 1st time buying options I bought these...
$NVIDIA(NVDA.US$ my 1st time buying options I bought these 2 last week told myself most to most I loose a few hundred....now I really not sure to do if price goes above 140 by then.....as in how to exercise etc...will probably call moomoo helpline for guidance they been pretty helpful so far...
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The real Honey bee : Sell it before the expiry time i guess ? Unless you want to buy the stock at its price showing therr? I need guidance too.
rockindawg : You do not have to hold them until expiry; you can sell them any time during market hours to realize gains or stop losses. You sell them the same way you bought them. My advice is to do much more research before getting too deep in options trading. You tend to get bigger gains with them, but also total losses since you are not holding the underlying asset. To me, options trading is more like gambling than investing.
101644863 OP rockindawg : I see yup this was my first venture into options I realised not so simple will go study more on options before doing any more trades
Bryan Lee HL : Option trading have a high risk, I burn before rm10k in just 2 days. Since that I no longer play option and just rather buy and keep the spots.