$NVIDIA (NVDA.US)$ new to calls. But I believe I understand ...
$NVIDIA (NVDA.US)$ new to calls. But I believe I understand how they work. Need some advice. Is it better to buy a long call contract out of the money when the stock price is low (hence low strike price) or not? I don't yet understand the relationship between the two. Any advice will be appreciated 🙏
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Bear with Me : My two cents: if you think it will rise, buy a call. If you think it will drop, buy a put. It's that simple. Now is a good chance to make a fortune.
KingNY-Life : If you're a novice, don't play options. Be honest about stocks and experience the market with small positions. It's like the ocean stock market is unfathomable, and always be in awe
built different : depends on your view of "investment" none of the existing company can be on par with NVIDIA , as of now. It's a stock you buy and hold, and watch it dominate the market sooner or later (which they had)
if you want something quick id advised you to might as well go out to a casino for the baccarat, 50% win/lose and sometimes it might be tie
Nix Diamond OP built different : already own a significant position, but want to try my hand at calls to multiply potential profits
built different Nix Diamond OP : by all means, it's 50% either side