Bought a Oct 19 $6 call. Went in the money and closed on Friday @ .90 By my calculations, I should have bought 100 shares of SD @ $6.
eTrade is showing my price paid @ 6.59 a share. I normally just trade options and have never let one close and assign shares before... Have I missed something basic and fundamental in the underlying price, lol?
Suggest you buy yourself a good financial book on trading options and study it before trading options.
There are a lot of very important considerations when trading options that will effect your profit or loss other than the basics. Its important to understand these considerations before you risk your money. imho Good luck.