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I'd really like to understand what that means, cause I don't very well get it...
Sentiment: Strong Buy
Assuming you are serious about wanting more info ....
Think of owning a put option as like insurance. The HOLDER or BUYER of the put option can make the WRITER or SELLER of the put option take the shares at the strike price.
Think of buying a put option as shorting shares but with a maximum loss equal to the optoin purchase price if share prices goes way up. Short term shorting with limited risk.
What this guy is saying is to BUY $19 put options that expire next Friday the 20th for 2 cents per share and next week they will be worth $1.
Because there is no time value on the options, he is saying that Intel will drop to $18 per share by next Friday.
The thread is "bear spam".
Ok that makes more sense now. Thank you.... I guess I'm still a little confused on the use of the term Strike price... But I got what the thread is about now. Thank you again.
Yum... Bear Spam
why the Jan-13 20$ so expensive: 2.18$?
does it mean i can buy 100 INTC shares per contract at 20$ upon expiration?