Jay Kibler
OP
洋葱咖啡
:
alot of it is chance and a gamble, you can loose just as fast as you win, so be careful. so if an option is .25 cents, and you buy 1 that will cost you $25 because its x100. so if the option goes to .26 cents, itll raise a dollar, if it raises $1.25 thats over $125. but thats if only buy one stock option, if you buy 10 the math would be 10x. but equal the option can not hit the mark, and the .25 could drop to a penny and you can loose practically all youve invested in tbat option & sometimes that can happen swiftly. for example if its a call option for Intel, set at $21.00 and today its at $19, and the option ends on friday, you have to hope it makes it to $21.00 by friday or you lost pretty much, if it goes way over $21, the option price is endless so you can make as much as people pay for the option.
Been holding this for a very long time, and it just getting lower and lower. What should I do? Hoping to get some advice or insights from some pro here 🙏 $Opendoor Technologies (OPEN.US)$
$Opendoor Technologies (OPEN.US)$1.40 is a price you wont get very often, that being said just hold and wait for a real estate reverse under the new administration
洋葱咖啡 : I am a beginner, can you teach me how to play Options.
105361073 : Wow thats super massive gain!
Jay Kibler OP 洋葱咖啡 : alot of it is chance and a gamble, you can loose just as fast as you win, so be careful. so if an option is .25 cents, and you buy 1 that will cost you $25 because its x100. so if the option goes to .26 cents, itll raise a dollar, if it raises $1.25 thats over $125. but thats if only buy one stock option, if you buy 10 the math would be 10x. but equal the option can not hit the mark, and the .25 could drop to a penny and you can loose practically all youve invested in tbat option & sometimes that can happen swiftly. for example if its a call option for Intel, set at $21.00 and today its at $19, and the option ends on friday, you have to hope it makes it to $21.00 by friday or you lost pretty much, if it goes way over $21, the option price is endless so you can make as much as people pay for the option.