Express News | Top 10 Trending Stocks On WallStreetBets As Of November 8, 2024 (Via Swaggy Stocks)
Social Buzz: Wallstreetbets Stocks Mostly Lower Premarket Friday; DraftKings, Trump Media & Technology Group to Decline
Intuitive Machines Options Spot-On: On November 7th, 131.3K Contracts Were Traded, With 249.25K Open Interest
Jim Cramer Says He Can't Recommend This Major Automaker, Ceva Is 'Way Too High'
Intuitive Machines Announces Date for Third Quarter 2024 Financial Results Conference Call
10 Industrials Stocks With Whale Alerts In Today's Session
Salem Moooon : Congrats! Wish I understood how to do that.
Skinladder Salem Moooon : I also need to learn this magic
TechSavy OP : it's easy really. I only do CALL options, this is betting a stock will be at or above the price on the date you choose. So, if you think LUNR will be at 10 say two weeks from now, here would be the trade:
you would do the following to place the trade
1 - choose " BUY TO OPEN"
2- PICK Friday, 22 Nov, this is the expiration date
3 - choose $10 strike price
4 - select the midpoint of the bid/ask
the trade will cost $85, that's the maximum. you can lose, you lose it if the stock isn't "IN THE MONEY" meaning it's above the price (10) at the time of expiration you picked.
you can sell the option at any time, but this gets a little more tricky, I just let mine expire and take the profit. if it's not "in the money" you lose your bet.
this is about as simple as I can make it and mostly correct, LOL.