Sooo speaking of options… I kind of started playing around with the options and reading about it etc etc and finally just submitted one on ffie the other day (bc it was only like $2) and now I have absolutely no idea what I’m looking at. can anybody explain… in like the simplest terms… whats happening,whats going to happen when it expires, what im supposed to do… literally anything
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70642669 OP 151751316 : Ok so it doesn’t technically matter what the price is between it being bought and its expiration date? Only the price of the stock at the time it expires? And why is there showing a price difference? So like the stock is 1.64 on my call option it shows .76 does the price on my call option have to get above the strike price (1$) or the stock price itself?
70642669 OP EatSearchers : Because normal people are generally more helpful than cs
70642669 OP BiGEAGLE719 : Hence the 2 dollar option. I have to be able to understand the process of it before ever attempting it on something real