Journey Grimsrud
:
I don't have the money for options yet, but just to understand what you guys are talking about, I get the 665 put. but what does 4/17 mean
ChristinaLEA
:
some cheaper stocks can have very high priced options. depends on how many ppl are after that stock too. there's a lot of reasons though.
Trader-101 : I do indeed think there will be a retracement
ArmyRanger Trader-101 : what's a good put? I think it will too.
Trader-101 ArmyRanger : 665 put 4/17
Journey Grimsrud : I don't have the money for options yet, but just to understand what you guys are talking about, I get the 665 put. but what does 4/17 mean
Trader-101 Journey Grimsrud : that's your experatation dates
Journey Grimsrud : ohh ok, when your doing options on tesla and other high stocks, are they usually pretty pricey?
ChristinaLEA Journey Grimsrud : tsla is always expensive. the further out the money you go, the cheaper the contract, but then it becomes riskier.
ChristinaLEA : some cheaper stocks can have very high priced options. depends on how many ppl are after that stock too. there's a lot of reasons though.
ArmyRanger ChristinaLEA : @KnowledgeIsPower I'm profiting from that put right now, thanks a million, so you reccomend holding overnight?
alexyang0807 ArmyRanger : Same profiting from that put
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