$Super Micro Computer (SMCI.US)$Super Micro Computer Q1 FY2025 earnings conference call is scheduled for November 5 at 5:00 PM ET /November 6 at 6:00 AM SGT /November 6 9:00 AM AEST. Subscribe to join the live earnings conference with management NOW!
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Hi, I wish to learn about option trading . However, I got some questions about exercising the option.
If I bought a American put option contract for USD80 strike price expired at 25/10/2024. Then, somehow the stock price fall to USD70 before 25/10/2024. I wish to exercise the put option. Do I need to spend USD 7000 to buy the underlying stock first then sell it at USD 80 per share for profit ?
This means that I need to have USD 7000 cash in my account to ex...

$Futu Holdings Ltd (FUTU.US)$
Hi, I wish to learn about option trading . However, I got some questions about exercising the option.
If I bought a American put option contract for USD80 strike price expired at 25/10/2024. Then, somehow the stock price fall to USD70 before 25/10/2024. o wish to exercise the put option. Do I need to spend USD 7000 to buy the underlying stock first then sell it at USD 80 per share for profit ?
This means that I need to have USD 7000 cash in my account to...

$Futu Holdings Ltd (FUTU.US)$ what goes up must come down